Financial Skills for HR Professionals

Course Description

(Objectives)            

• Company objectives and financial statements
• Reading and interpreting financial statements
• Discounted cash flow (DCF)
• Costing
• Decision-making
• Budgeting
• Cost/volume/profit (CVP) analysis
• HR and the budget process
• The HR budget
• Measuring HR performance
• Budgetary control
• Capital investment appraisal
• Capital budgeting

(Participants)            

This course is a must for all HR practitioners at every level, whether you are an HR assistant or HR officer, or an HR manager or HR director. Whilst a prior knowledge of financial management and accounting is an advantage it is not a pre-requisite or a requirement to attend this course. Each topic will be presented in a user-friendly way to ensure a clear understanding of financial information and financial techniques, and an appreciation of the relationship between finance and the HR function.