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English is widely regarded as the lingua franca of the business world, with millions of people across the globe using it as their primary language of communication. While speaking English is not a requirement for business success, it can certainly make life easier for those who are proficient in it. However, for those who are not native English speakers, speaking the language can be a significant challenge, leading to a range of problems in the workplace.
Communication difficulties are one of the most significant problems faced by non-English speaking adults in business. In a world where effective communication is key to success, not being able to communicate effectively with colleagues, clients, or customers can significantly hinder your progress. This can result in misunderstandings, missed opportunities, and reduced productivity.
Financial reporting is the most objective way to assess a company’s financial health. In general, financial reporting provides information about revenue, expenses, profits and losses, cash flow, and the health of your balance sheet.
Financial reporting uses financial statements like income statements, balance sheets, and cash flow statements to disclose financial information to internal and external stakeholders.
Today’s organizations are working beyond a single team. Advances in technology are disrupting the market, globalization is forcing a new approach of working, and the teams of the future have never seen this level of diversity. In essence, organizations need to equip their employees to create cohesive teams quickly to enable results.
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Business English
Business English is a category of English communication that includes the language skills used in the work environment. These language skills include the English communication used in presentations, negotiations, meetings, small talk, socializing, correspondence, report writing, etc. Business English emphasizes effective communication among international colleagues. Business English is not about being perfect, but it does require a relatively high level of proficiency.
Finance English for non-financial professionals
Financial data can be intimidating for people who don’t have to number crunch daily. At the same time, the decisions non-finance teams make have a bearing on the company’s financial performance. How do you make finance for non-finance teams appetizing and give them a financial voice? We break it down for you.
Finance English standards for non-English financial professionals
One area of English that has gained tremendous importance over the years is English for Finance and Accounting. This area of study focuses on the language and communication skills needed in finance and accounting-related professions. Finance and accounting are complex fields that require precise language and terminology, and mastering the language is essential to succeed in these fields.
