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This is the VOA Special English Economics Report.
Abe Mirza is an American, fifty-nine years old and retired1. He was trained as an accountant. In fact, he has three degrees in financial record keeping. And he has over twenty years of experience as a business executive.
After four years of retirement2, he decided3 that it was time to give something back.
On the Internet, he found an economic development organization, the International Executive Service Corps4. This private, nonprofit group links volunteer experts and paid consultants5 with local business people in developing countries. It was established in the United States in nineteen sixty-four as a Peace Corps for businesspeople.
In September, the International Executive Service Corps paid for Abe Mirza to travel to West Africa. He spent more than two months preparing for an intensive, two-week experience as a volunteer in Ghana. He went to Accra, the capital, to meet with bankers and businesspeople.
From his early meetings he learned that the bankers wanted the businesspeople to keep better financial records. So he taught major accounting6 methods to eighty businesspeople.
These were leaders of medium-sized businesses, like Home Food Processing and Cannery, a seller of palm oil and spices. Another example was All Pure Nature, a maker7 of shea butter for skin care and other products.
The businesses were large enough to be ready to export their goods. But they had not reached the level of record keeping that would permit them to develop a lending relationship with banks.
The owners all had the same need to understand international accounting rules. Accountants in Ghana and other countries are adopting a new system of financial reporting.
Abe Mirza had to provide a lot of information. He says it was like learning everything for a four-year college degree in one week. He not only showed the businesspeople how to present financial statements. He also showed them how, and why, banks look at the information.
Abe Mirza says he did a lot in his years as a businessman, but nothing compares to the feeling of satisfaction he got from his short time in Ghana.
And that's the VOA Special English Economics Report, written by Mario Ritter. For a link to the International Executive Service Corps, go to voaspecialenglish.com. You can also find transcripts8 and MP3 files of our reports. I'm Bob Doughty9.
1 retired | |
adj.隐退的,退休的,退役的 | |
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2 retirement | |
n.退休,退职 | |
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3 decided | |
adj.决定了的,坚决的;明显的,明确的 | |
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4 corps | |
n.(通信等兵种的)部队;(同类作的)一组 | |
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5 consultants | |
顾问( consultant的名词复数 ); 高级顾问医生,会诊医生 | |
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6 accounting | |
n.会计,会计学,借贷对照表 | |
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7 maker | |
n.制造者,制造商 | |
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8 transcripts | |
n.抄本( transcript的名词复数 );转写本;文字本;副本 | |
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9 doughty | |
adj.勇猛的,坚强的 | |
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