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Hello and Welcome to Business English Pros!

Welcome to part two of our podcast on financial vocabulary for ESL learners.

In part one, we covered the basic financial statements, as well as the essential vocabulary for the balance sheet and income statement. Part two will continue where we left off and introduce you to more advanced vocabulary used in financial reports.

We understand that for non-native speakers, financial reports may seem intimidating at first.

However, with the right vocabulary, understanding financial reports can become easier. By mastering the vocabulary in this podcast, you'll be better equipped to read and discuss financial reports confidently.

Essential Vocabulary for Cash Flow Statement

Common Abbreviations in Financial Reports

Tips for Understanding Financial Reports

By following these tips, you can better understand financial reports and use them effectively.

In part two of this podcast on financial vocabulary for ESL learners, I introduced you to more advanced vocabulary used in financial reports. I hope that by mastering this vocabulary, you'll feel more confident in reading and discussing financial reports.

I also discussed common abbreviations, tips for understanding financial reports, and the importance of financial reports in business. Remember to always look for footnotes, pay attention to currency and units, and familiarize yourself with industry-specific terms and jargon.

I encourage you to continue learning and practicing your business English skills, specifically related to financial reports. The more you practice, the easier it will become. There are many online resources available that can help you improve your skills, such as finance textbooks, financial news websites, and business English courses.

Remember that understanding financial reports is essential when working in business.

By mastering essential financial vocabulary and concepts, you will become a more valuable and effective team member in any organization.

Okay, that’s it for today's episode.

Thanks for listening, and don't forget to follow us for more exciting episodes to help you improve your Business English communication skills!