Accounting and Finance the HR WAY
Event Date:
May 27, 2024
Event Time:
9:00 am
Event Location:
PMAP Center
Date: May 27 – 28, 2024 Time: 9:00 AM – 5:00 PM
This is a two-day program set to help HR practitioners understanding Accounting and Finance in less technical ways
At the end of the program participants shall have:
1. Appreciated the accounting cycle, basic concepts and key outputs of the accounting and financial reporting process
2. Conducted vertical and horizontal analysis on the balance sheet, the income
Statement and how human capital decisions influence the financial statements
3. Learned the Basics of costing and pricing and basic profitability analysis
4. Applying activity based costing in determining the value of HR
Services ( e.g. recruitment )
5. Understood capital budgeting techniques
6. Used HR Metrics in tandem with Financial Metrics to Evaluate Human Capital Performance
Requirements:
Participants shall bring calculators (although most cell phones have them) and better if they can bring a copy of a set of financial statements (audited as this can be treated as a public document) no worry that the statements are to be treated as highly classified or confidential.
| Day and Module | Contents/Title | Indicative Timing | Approach |
| D1 M1 |
Demistifying the “ T – Account” |
2 to 3 hours | Lecture Exercises |
| D1 M2 |
Vertical and Horizontal Analysis Analyzing the Measures of |
2 to 2.5 hours | Short Lecture |
| D1 M3 |
Costing Concepts Cost Volume Profit Analysis |
2 to 2.5 hours | Short Lecture
Individual and/or |
| Day and Module | Contents/Title | Indicative Timing | Approach |
| D2 M4 |
Costing and Budgeting Techniques |
2.5 to 3 hours | Short Lecture
Individual |
| D2 M5 |
Case Study Creating a Center of Excellence for HR |
3 to 3.5 hours | Group Work
Presentation – Assessing the Viability of a Center for HR Excellence
|
| D2 M6 |
Analyzing HR metrics, the Accounting/Finance Way |
1 to 2 hours | Lecture and Exercises
Analysis of HR Metrics and their Financial Implication |
Facilitator:
TBA