Finance for HR Professionals

About This Class

This course is designed for HR professionals who want to acquire actionable knowledge in accounting and finance for better decision making.

The course consists of a solid principle-based grounding, followed by a wealth of practical examples, case studies and exercises. The exercises can either be done on Excel or manually, and will form a portfolio of examples to which delegates can refer back to.

As a successful HR professional, developing finance skills and knowledge is essential. Learning how to speak the language of the finance and accounting departments can persuade company leadership to enact HR initiatives that increase employee productivity and drive organizational performance. This course will help you understand key financial concepts and learn how each can impact the company’s bottom line.

Local Fee

R 17,999

International Fee

$ 1,300

DAY 1

Financial Statement Elements
Analysis of Financial Statements
General Recognition and Measurement
Accounting Cycle and Accounting Equation
Classification of Expenses and Break-even Analysis
06 Accounting for Labour Cost

DAY 2

Allocation of Overhead Costs
Budgeting Techniques and Budget Variances
Forecasting Techniques
Flexible Budgets for Performance Measurement
Relevant Costing for Decision-making

DAY 3

Costing in Service Departments
Transfer Pricing
Managing Working Capital
HR Risk and Return
Risk Management Strategies (TARA)

Who should attend

HR Managers, HR Directors, HR Executives, HRBPs / HR Supervisors
Mid-level HR Professionals with three to seven years of HR experience
HR Professionals who support business leaders
HR Professionals who need a greater understanding of the drivers of business performance
HR Professionals who want to develop their financial skills

Expert Trainer

The trainer for this course is a Chartered Accountant (SA), Associate Chartered Management Accountant, Chartered Global Management Accountant, with strong academic and industry experience. She holds a Master’s degree in Management Accounting and has more than nine years of lecturing experience at the University of Pretoria and North-West University respectively, for which she has received distinctive teaching awards.

As a lecturer, she specialised in Management Accounting, Costing, Financial Management and Business Strategy to students of various levels. This is besides providing business simulations, supervising research projects and external moderation and reviewing of other universities’ exam papers and study guides.

She has been delivering training to both government institutions and private sector companies in similar subject areas, including Microsoft Excel, financial and business skills training, as well as consultation in fields related to financial modelling in Excel, optimising power tools in Excel and Power BI.

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