English Tenses for Accounting Practice part 2

Which English tense do you find most useful when discussing past financial transactions? Why?

What challenges did you experience when applying English tenses to accounting topics?

When and why do we use future tenses in accounting reports or forecasts?

Which sentence correctly uses the past simple tense for a completed transaction?

• The company increases its revenue.

• The company has increased its revenue.

• The company increased its revenue last year

• The company is increasing its revenue.

Change this sentence into continuous tense in negative form: "The financial team analyze the budget now"

• The financial team is analyzing the budget now

• The financial team were analyzing the budget now

• The financial team is not analyzing the budget now

• The financial team had not veen analyzing the budget now

We _________ the audit for this quarter.

• Have Completed

• Is Completed

• Will be Completed

• Were Completing

When do we use past simple in accounting?

• To discuss actions happening now

• To describe scheduled activities

• To show an ongoing process

• To report completed events with a specific time

Change this sentence into past perfect tense in the form of positive, negative and introgrative:

"The accountant (submit) the tax returns before the deadline passed."

Rewrite the passage and Fill the blanks with the right tenses based on the parentheses:

This morning, the accountant _______ (finish) reviewing the invoices before the manager _______ (arrive). She ________ (now prepare) the monthly financial report. Every month, she ________ (check) the data carefully. By tomorrow, she _________ (complete) the tax summary for the quarter.

Translate and turn the sentence into positive, negative and introgrative form:

"Perusahaan akan menghitung keuntungan kuartal ini minggu depan."