HR Competencies

  • Business Management and Strategy
  • Business Acumen

Objective

Many non-accountants think GAAP is a clothing store, feel intimidated by accounting jargon in meetings, and avoid conversations about the organization’s budget. Consequently, they miss opportunities to make more of an impact in their organizations. And yet, they often are called upon to be involved in financial decision-making. If this describes you, join other non-accountants for this lively and interactive seminar on fundamental business accounting practices and principles. Through group discussion, problem-solving exercises, real business examples, and hands-on practice, you gain immediately- applicable skills to enhance your ability to not only talk accounting, but also to be a significant contributor to financial conversations in your organization. Learn what data is important to collect and monitor, how to analyze and report the data to justify your arguments, and how to strengthen your reputation as someone who can appreciate and address the larger financial picture.

Outline

  • The other GAAP: Generally Accepted Accounting Principles (GAAP)
  • Balance Sheet, Income Statement and Statement of Cash flows: an introduction
  • Capital Investments and the time value of money
  • Basic use and analysis of financial statements: making sense of all these documents
  • Budgeting and cash flow projections: what a budget is and why it’s so important
  • Audits and auditors: purpose of an audit and who does them
  • Fraud and ethics: how to recognize and prevent fraud and sustain ethical practices

Designed For

This course is appropriate for anyone who seeks a more solid foundation in accounting principles as they relate to business operations. Human resources professionals, managers, and others who are involved in financial decision-making in their organizations will find this course particularly beneficial. The content of this course will be applicable to both for-profit and non-profit entities ​

Credits

0.10 Continuing Education Units
Course ID #HR164_LMS_A



Class Details

Location:Online Learning
List Price:$159.00

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