Business Dictionary :
Accordance and Accordingly

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Accordance : noun : in accordance with = in agreement with or according to

• In accordance with your instructions we have deposited the money in your current account.

• I am submitting the claim for damages in accordance with the advice of our legal advisers.

According to : preposition : as someone says or writes

• The computer was installed according to the manufacturer's instructions.

Accordingly : adverb : in agreement with what has been decided

• We have received your letter and have altered the contract accordingly.

QUOTE : The budget targets for employment and growth are within reach according to the latest figures. (Australian Financial Review)

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