English_for_Finance_and_Banking

COMMUNICATIVE SITUATIONS

1. Round-table discussion. The question on the agenda is “Budget process in Ukraine”. Open such questions:

· What is crucial for budget preparation?

· What bodies are involved in the budget formulation?

· How is the budget process arranged in Ukraine now?

· What is the budget system existing in Ukraine now?

· Do you happen to know what classification of revenues is accepted now in Ukraine?

· What are the sources of revenues?

· How are the budget revenues spent?

· How is the budget execution controlled?

Say what you think about supervision over budget execution. If you have ever worked in the sphere of public finance, say what you think about the treasury system and budget execution supervision.

People have long used machines to help process data. Are computers used effectively in finance? Have you ever had any problems that were caused by computers? If so, describe the situation. How might the problems have been avoided if the computer system had been managed better?

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