Procedures that should be followed when forming a public company

Yes, but also work on management functions. there are around 4 planning, leading, controlling, and organizing. work on getting those stable too. create a mission statement, make an organizational chart to show lines of authority (unity of command, etc). hope this helps!

Expenses relating to accounting, human resource management, and financial management are classified under “General and Administrative Expenses”.

These expenses refer to money which is used to the general operation of the company rather than which is directly used for the production of goods and services.