Corporate law. Incorporation is the formation of a new corporation (a corporation being a legal entity that is effectively recognized as a person under the law). The corporation may be a business, a non-profit organization, sports club, or a government of a new city or town.
Managerial accounting involves collecting, analyzing, and reporting information about the operations and finances of a business. These reports are generally directed to the managers of a business, rather than to any external entities, such as shareholders or lenders. The functions of managerial accounting include: 1  Margin analysis. 2  Breakeven analysis. 3  Constraint analysis. 4  Target costing. 5  Inventory valuation. 6  Trend analysis. 7  Transaction analysis. 8  Capital budgeting analysis.
An Accountantâs Job Role Accountancy is one of the most detailed and diverse roles in the finance industry and as such accountants are required to be competent in a number of areas. The role of an accountant might include the following: 1  Prepare profit and loss statements on behalf of a business. 2  Set up accounting practices and procedures for new companies and advise on how to manage these. 3  Analyse budgets and other financial information and advise where savings could be made. 4  Help to produce budgets for businesses and 5  ... Ensu