KSB-111 PESTLE I

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business.

Forensic Accounting

The use of accounting skills to investigate fraud or financial discrepancies.

KPMG

A global network of professional services firms providing audit, tax, and advisory services.

PESTLE Analysis

A framework used to scan the external macro-environmental factors affecting an organization.

Political Factors

Elements that define the political environment in which a business operates, including government policies and stability.

Economic Factors

Economic elements that impact an industry, such as growth rates, interest rates, and inflation.

Sociocultural Factors

Cultural norms, values, and demographics that influence consumer behavior and market demands.

Technological Factors

Factors related to the technological advancements and innovations that impact industries.

Legal Factors

Laws and regulations that a company needs to comply with in its operations.

Environmental Factors

Ecological and environmental aspects that affect the demand for a company's products.

PESTLE Framework

The outside factors that influence a firm's operation, including political, economic, social, technological, legal, and environmental elements.

Consumer Discretionary

A sector of the economy that relates to goods and services that are non-essential, such as entertainment and retail.