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

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Presentation transcript:

New Employee Orientation PRESENTER: 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 ) International Trade Administration’s Industry List:

“Industry Sectors” Defined NAICS Business and Financial Operations Occupations Legal Occupations Education, Training, and Library Occupations Sales and Related Occupations Production Occupations

Our NAICS Structure NAICS Classifications 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” Defined Master 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: Bureau of Labor Statistics, U.S. Department of Labor: (2014, Dec. 5) Retrieved from: Forbes (2013) Interpublic Group. Retrieved from: