Accounting and Finance for the Human Resources Professional (T2)

Course

Become a Finance and Accounting Savvy HR Pro and Impact Your Organization’s Financial Health

As a human resources professional, the ability to interact effectively with the accounting and finance departments within your organization is a vital skill. This course provides an introduction to U.S. accounting regulations and practices that will enable you to better speak the language of finance and accounting. You will gain skills allowing you to interact more effectively with these departments and make HR decisions that impact and support your organization’s financial health.

The course will empower you with foundational understanding of the following concepts:

  • The key financial components of the annual report.
  • The relationship between HR and the finance and accounting departments.
  • The measures and processes used to assess a company’s financial health.
  • The importance of cash flow to the company and shareholders.
  • Methods of financing the business and issues related to financial planning.

This course is designed for the HR professional seeking to gain understanding in the areas of accounting and finance.

Specific areas covered include:  

  • Introduction to Accounting

This accounting primer provides learning in the areas of governing bodies and policies, major groups of accounts, financial statements, accounting types, financial measures, problems with accounting, underlying accounting principles and the components of the annual report.

  • The Balance Sheet

Become a pro at interpreting balance sheets by learning about assets, liabilities, shareholders’ equity, the summary concept, liquidity measures and debt ratios. You will also practically apply your knowledge of balance sheets in a class exercise.

  • The Income Statement

You’ll never be intimidated by an income statement again once you learn about revenue/sales, cost of goods sold, gross margin, operating expenses, other income and expenses, the provision for taxes, net income, as well as the financial measures of earnings per share and return on sales. You will also practically apply your knowledge of income statements in a class exercise.

  • Statement of Cash Flows and Shareholders’ Equity

Review the statement of cash flows and statement of shareholders’ equity. Focus on the two methods and three categories associated with the statement of cash flows.

  • Financial Analysis

Develop a better understanding of financial measures/ratios, including liquidity measures, debt ratios, profitability measures, funds management ratios and other performance measures. You will also apply financial analysis in a class exercise.

  • Planning and Financing the Business

Learn the concepts of financial planning, including the typical planning process, developing business plans and evaluating capital projects. Understand financing sources, including long- and short-term sources and leases.

  • The Strategic Partnership

Put it all together in this section covering the critical relationship between HR and finance. Learn about recording compensation and benefits costs, wages and salaries, incentive pay, benefits costs, mandatory benefits, welfare benefits, retirement plans and communication.

This course will provide you with the skills and knowledge you need to understand finance and accounting fundamentals. It will empower you to become an asset to your company through your ability to make HR recommendations and decisions that impact the financial health of the organization.

Ready to become a finance savvy HR professional?

This course is available in a variety of formats, including online, self-study and in-person.

 

Find a class format that works for you and register today.

Learning Options

Classroom

On-site instructor-led delivery of course materials with the added value of face-to-face interaction with a subject-matter expert and peers.

Course and Certification Exam

Members: $1,495 USD

$2,200 USD

Course Only

Members: $1,390 USD

$2,085 USD

E-Learning Plus

Online learning with access to pre-recorded course modules combined with scheduled group conference calls and live online instructor-led discussions.

Course and Certification Exam

Members: $1,395 USD

$1,950 USD

Course Only

Members: $1,175 USD

$1,540 USD

E-Learning

Self-paced online learning with access to pre-recorded course modules delivered by an instructor.

Print Option
60-Day Access
(course materials shipped within 7 business days)

Member: $1,350 USD

$1,880 USD

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Green Option
60-Day Access
(e-course materials available online immediately)

Member: $1,285 USD

$1,780 USD

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Please note: 60-day access to e-course material starts immediately on the day of purchase. Purchase includes course materials and exam.

Self Study

Independent learning with access to printed course materials and exam option.

Course Materials and Certification Exam

Members: $1,275 USD

$1,780 USD

Add to Cart
Certification Exam Only

Members: $875 USD

$1,130 USD

Add to Cart

Course Credits & Certifications

  • Recertification

    Course: 2 credits

    Exam: 0.5 credits

  • CEUs

    Course: 1.5 credits

    Exam: 0.3 credits

  • HRCI Recertification

    16 classroom hours

  • SHRM Recertification
    16 classroom hours

This exam is required for the following certifications:

More Information

Who Should Register

This is intended for human resources or compensation professionals with limited knowledge of accounting and finance.

How to Register

Test Your Knowledge

Challenge yourself by trying to answer actual test questions from one of our courses.

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Policies

Click Here to view our policies on payments, returns, class schedules, registration, cancellation, and more.

Have Questions?

Phone

+1 877 951 9191

USA and Canada

+1 480 951 9191

Other Countries

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