Gulshat Gulshat

Business English Finance
Intermediate level


In this 15 min lesson the students will be introduced new words in the context of losses and mismanagement and will practice their speaking skills using the given words and chart.


Main Aims

  • To provide clarification and practice of financial words in the context of Losses and mismanagement

Subsidiary Aims

  • To provide fluency and accuracy speaking practice in a conversation in the context of financial losses


Lead In and reading (5-7 minutes) • to introduce the main context

Today we will talk about what companies and employees can experience if they have bad management. You will read the text now, after reading answer the questions.

Intro of the vocab (5-10 minutes) • to practice reading skills and introduce the vocab

the students will be given a HO with the small text for reading. After they will be asked the CCQs and the T will clarify the MFP of the unknown words. Mismanagement - what happens if a manager takes things without honesty and responsibility Irregularities - a breach of rules and customs. Financial reporting - a formal record of the financial activities of a business, person, entity etc SEC - an agency of the US federal government which is responsible for enforcing federal law on securities and regulation of the securities industry Balance sheets- is a summary of the financial balance of the business organization Income statement - is one of the financial statementd of the company that shows revenues and expenses during a particular period

Speaking part (3-5 minutes) • to provide speaking practice

The students will be given a handout with the chart and phrases. They should describe what they see on the chart using the given expressions and useful phrases

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