New Employee Orientation PRESENTER: BRITTANY CARRICO DATE: 12/7/2014.

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Transcript of New Employee Orientation PRESENTER: BRITTANY CARRICO DATE: 12/7/2014.

New Employee OrientationPRESENTER: BRITTANY CARRICO

DATE: 12/7/2014

Definition of Industry

Industry: raw materials and manufacture of goods North American Industry Classification System-represents profound statistical programs emerging -raw material, capital equipment, labor classification-IPG “Advertising, Public Relations, and Related Services”-Industry Sector (NAICS 541800)

International TradeAdministration’s Industry List:

“Industry Sectors” Defined

NAI

CS

13-000 Business and Financial Operations Occupations

23-000 Legal Occupations

25-0000 Education, Training, and Library Occupations

41-000 Sales and Related Occupations

51-000 Production Occupations

Our NAICS StructureNAICS Classifications

13-000

23-000

25-000

41-000

51-000

Our company

Business and Financial Operations Occupations

Legal Occupations

Education, Training, and Library Occupations

Sales and Related Occupations

Production Occupations

What we do - 47,200 employees in all major world markets - advertising and marketing services company - custom marketing solutions behalf of our clients - comprised of communication agencies

Our Company’s Industry

“Occupations” Defined

Occupations: an activity that one engages - All related to the same occupation -Business Financial Operations, Legal, Education, Training, and Library, Sales, and Production Occupation

“Financial Statements” Defined

1. Statement of the Financial Position - known as the Balance Sheet

2. Income Statement - Profit and Loss Statement

3. Cash Flow Statement - movement in cash and bank balances over a period

4. Statement of Changes in Equity - Statement of Retained Earnings

Our Income Statement

“Budget Process” DefinedMaster Budget- comprehensive projection how management expects conduct aspects

Operational Budgets - day-to-day core business of a company

-Two Types- Cash Flow Budget- Financial Budget

Operating Budget Sample

“Loan Process” Defined

“Payroll Process” Defined

Conclusion

Questions?

References Bureau of Labor Statistics, U.S. Department of Labor: (2014, Jan. 8) Retrieved from: http://www.bls.gov/ooh/

Bureau of Labor Statistics, U.S. Department of Labor: (2014, Dec. 5) Retrieved from: http://www.bls.gov/iag/tgs/iag_index_naics.htm

Forbes (2013) Interpublic Group. Retrieved from: http://www.forbes.com/companies/interpublic-group/