Accountancy, Business and Management

1. ACCOUNTANCY, BUSINESS
AND MANAGEMENT
ADVOCACY

2. ACCOUNTING
Is the art of recording, classifying and
summarizing in a significant manner and in
terms of money, transactions and events
which are in part of least of financial in
character and interpreting the results.

3. AREAS OF ACCOUNTING
Public Accounting
serve or render
independent and expert
financial services to the
public. It also offer
specialization and
oppurtunity for much
advancement in
exchange for what some
would consider high
level of stress.
Private Accounting
involves setting up systems
of recording business
transactions that are
aggregated into financial
statements. It is also
predictable and offers
more flexibility.

4. BUSINESS
an activity of making, buying or selling
goods, or providing services in exchange for
money.

5. STEPS IN STARTING A BUSINESS
1. Write a Business Plan.
2. Get Business Assistance and Training.
3. Choose a Business Location.
4. Finance your Business.
5. Determine the Legal Structure of your
Business.

6. 6. Register a Business Name.
7. Register for State and Local Taxes
8. Obtain Business Licenses and Permits.
9. Understand Employer Responsibilities.
10. Find Local Assistance.

7. MANAGEMENT
An act or skill of controlling and overseeing
the entire organization.

8. TYPES OF MANAGERS
 Top-Level Manager
are responsible for controlling and
overseeing the entire organization.
 Middle-Level Manager
are accountable to the top-level management
for their department's future.

9.  Low-level Manager
focus on controlling and directing.

10. TRIAD OF LEVELS OF MANAGEMENT
 TOP-LEVEL
MANAGEMENT
 MIDDLE-LEVEL
MANAGEMENT
 LOW-LEVEL
MANAGEMENT