Okay...the best advise I can give you is to find a good pro shop, one that sells many different bows and has a good reputation, so they can get you fitted for your bow. You are looking first and foremost for proper draw length (length from the riser to your anchor point @ full draw). The best method to determine that is a wingspan measurement, ask the proshop to determine it that way.
After you figure your draw length then you can determine what bows they have available for you to shoot comfortably. Shoot as many bows as you can, and then pick the one YOU feel the most comfortable with.
There are many, many opinions and methods in this sport.
The basic list I can give you to start out based on latest technology is, compound bow (I prefer a 33"-35" ata 6.5-7"bh), release aid (finger shooting is almost obsolete), carbon arrows, good rest (prefferably drop-away), sights (3 or 5 pin depending on shot distance), peep sight (I prefer a string mounted peep/no tubing), broadheads for hunting (but practice, practice, practice before hunting) also you will want a block target or other open layered target for practice.
Here is my equipment list to give you an idea, what I have found works best for me - 05 Mathews Switchback 29" 71lb w/Mathews two piece arrow web quiver, Easton Axis 340 arrows, Trophy Taker Drop-Away (soon to be Limbdriver), Trophy Ridge 5-pin sight (set 20-30-40-50-60yrds), Overkill Tournament-1000 release.
Check out the book "Idiot Proof Archery" by Bernie Pellerite, it is a very good book with excellent shooting tips, as well as proper setup. The book is available at Cabelas.
I gave a very basic overview and probably missed some things. If you need more specific help or explanation feel free to ask or pm me.