accountancy /əˈkaʊnt(ə)nsi/ (n.) the work or profession of an accountant Example: I spoke to my advisor and switched to accountancy for the next year.
balance sheet /ˈbal(ə)ns ʃiːt/ (n.) a written statement showing the amount of money and property that a company has and listing what has been received and paid out Example: I need to make balance sheet annually.
bookkeeper /ˈbʊkkiːpə(r)/ (n.) a person whose job is to keep an accurate record of the accounts of a business Example: We are planning to hire a freelance bookkeeper.
cash at bank /kaʃ at baŋk/ (n.) a phrase written in a company's financial records to show how much money it has in the bank Example: Cash at bank is considered a highly liquid form of current asset.
cash in hand /kaʃ ɪn hand/ (n.) an amount of cash a company has available after all its costs have been paid Example: The deal leaves the company with £25m cash in hand to buy new stock.
cash in transit /kaʃ ɪn ˈtrɑːnzɪt/ (n.) used to describe money that is being moved from one place to another Example: a cash-in-transit insurance policy
equity /ˈɛkwɪti/ (n.) the value of a company’s shares Example: He sold his equity in the company last year.