Top-10 Resources for English for Finance & Accounting

Online Teachers UK English Vocabulary for Accounting

Description:

Online Teachers UK English Vocabulary for Accounting takes forty-five accounting terms in a deliberate order, each with a plain definition, its synonyms, an example sentence and a note from the author's own practice. Kevin Simmons, a United Kingdom accountant and English teacher, wrote it, and a scored vocabulary quiz sits at the foot of the page with a text version of the questions beside it.

100% Free (unlimited): Every term, note and example is open on the page, with no account and no payment, and the quiz at the end is open in the same way. The quiz can be taken on the page or read as a text transcript through the link beside it.

Access: 100% Free Level: Intermediate (B1-B2) Format: Article / Quiz/Test / Reference Written for: Business English (ESL) English Variant: UK

How It Helps Your Business English

What this resource offers:

Four groups carry the terms: general accounting, balance sheet, income statement and a closing group on people, records and company forms. They run from assets, liabilities and double entry through fixed assets, freehold premises, prepayments, accruals and overdrafts to gross and net profit, bad and doubtful debts, the general ledger, the T account, the trial balance and limited liability.

How to use this resource:

You read the terms in the order given, since each entry refers back to the ones before it and builds the picture of how a set of accounts fits together. The notes between the entries are worth pausing on, as they separate pairs that are easily confused, such as own and owe, wages and salaries, or a fixture and a fitting, and the quiz at the end tells you which terms have stayed with you.

Note:

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Last verified — Oct. 19, 2026