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T2: Accounting and Finance for the Human Resources Professional

Accounting and Finance for the Human Resources Professional

Learn to Speak the Language of Business

This course presents an introduction to U.S. accounting regulations and practices. It will provide you with the understanding you need to interact effectively with accounting and finance departments in your company.

  • Identify the key financial components of the annual report
  • Describe the importance of cash flow to companies and shareholders
  • Focus on the measures and processes used to assess companies’ financial health
  • Recognize the measures that are affected directly or indirectly by the HR function
  • Explore methods of financing the business and financial planning issues
  • Focus on the relationship between the HR department and the finance department
What You Will Learn  |  Test Your Knowledge  |  More Info  |  Who Should Register   |  How to Register
New! What is Blended Learning?


Learning Options

 

Course Schedules
Feb 09 - 10
8:30 AM
Las Vegas, NV
Course & Exam
Course Only
Feb 16 - 17
8:30 AM
San Antonio, TX
Course & Exam
Course Only
Mar 05 - 06
8:30 AM
Kansas City (Overland Park), KS
Course & Exam
Course Only
Mar 13 - 14
8:30 AM
Detroit (Troy), MI
Course & Exam
Course Only
Apr 03 - 04
8:30 AM
Los Angeles (Long Beach), CA
Course & Exam
Course Only
Apr 03 - 04
8:30 AM
New York, NY
Course & Exam
Course Only
Apr 11 - 12
8:30 AM
Dallas, TX
Course & Exam
Course Only
Apr 23 - 24
8:30 AM
Columbus, OH
Course & Exam
Course Only
Apr 23 - 24
8:30 AM
Orlando (Lake Buena Vista), FL
Contact Sponsor
May 01 - 02
8:30 AM
Chicago, IL
Course & Exam
Course Only
May 01 - 02
8:30 AM
San Francisco (South San Francisco), CA
Course & Exam
Course Only
May 08 - 09
8:30 AM
Boston, MA
Course & Exam
Course Only
May 08 - 09
8:30 AM
Atlanta, GA
Course & Exam
Course Only
Jun 13 - 14
8:30 AM
Philadelphia, PA
Contact Sponsor
Jul 16 - 17
8:30 AM
Houston, TX
Course & Exam
Course Only
Aug 07 - 08
8:30 AM
San Francisco (South San Francisco), CA
Course & Exam
Course Only
Sep 11 - 12
8:30 AM
Los Angeles (Long Beach), CA
Course & Exam
Course Only
Sep 12 - 13
8:30 AM
Memphis, TN
Course & Exam
Course Only
Sep 18 - 19
8:30 AM
Chicago, IL
Course & Exam
Course Only
Oct 15 - 16
8:30 AM
Indianapolis, IN
Course & Exam
Course Only
Oct 15 - 16
8:30 AM
Charlotte, NC
Course & Exam
Course Only
Oct 17 - 18
8:30 AM
Saint Louis (Clayton), MO
Course & Exam
Course Only
Oct 23 - 24
8:30 AM
New York, NY
Course & Exam
Course Only
Nov 06 - 07
8:30 AM
Boston, MA
Course & Exam
Course Only
Nov 08 - 09
8:30 AM
Seattle (Bellevue), WA
Course & Exam
Course Only
Nov 12 - 13
8:30 AM
Austin, TX
Course & Exam
Course Only
Anytime
Self-Paced
Purchase Options
 

 

What You Will Learn  
Introduction to Accounting
  • The total rewards model
  • HR — a strategic business partner
  • Governing bodies and policies
  • Major groups of accounts
  • Financial statements
  • Accounting types
  • Financial measures
  • Problems with accounting
  • Underlying principles
  • Components of the annual report

The Balance Sheet

  • Assets
  • Liabilities
  • Shareholders’ equity
  • Summary concept
  • Class exercise
  • Liquidity measures
  • Debt ratios

The Income Statement

  • Revenue/sales
  • Cost of goods sold
  • Gross margin
  • Operating expenses
  • Other income and expenses
  • Provision for taxes
  • Extraordinary items
  • Net income
  • Earnings per share
  • Return on sales
  • Class exercise
Statement of Cash Flows and Shareholders’ Equity
  • Statement of Cash Flows
    • Methods
    • Categories
  • Statement of shareholders’ equity
  • Review of the four required statements

Financial Analysis

  • Overview of financial measures/ratios
  • Liquidity measures review
  • Debt ratios review
  • Profitability measures
  • Funds management ratios
  • Other performance measures
  • Review of financial measures
  • Class exercise

Planning and Financing the Business

  • Financial planning
    • Typical planning process
    • Developing business plans
    • Evaluating capital projects
  • Financing the business
  • Financing sources
    • Long-term
    • Leases
    • Short-term

The Strategic Partnership—Human Resources and Finance

  • Human resources and finance
  • Recording compensation and benefits costs
  • Wages and salaries
  • Incentive pay
  • Benefits costs
  • Mandatory benefits
  • Welfare benefits
  • Retirement plans
  • Communication
Who Should Register  
This is intended for human resources or compensation professionals with limited knowledge of accounting and finance.
 
How to Register  
 
More Information  
 Course Credits
CCP: Required (Not Required for Canadian CCP)
Recertification: 2 course, .5 Exam
CEUs: 1.5 Course, .3 Exam
CPEs: 16
PHR/SPHR/GPHR recertification hours: 16 (classroom)
 Course Book Amendments
 Terms and Conditions

Please note: If you are purchasing an exam option, you must schedule and complete the computer-based exam within 120 days from the first day of a live instructor-led class or from date of purchase for all self-paced learning packages. Your eligibility expires after 120 days; however, 30-day exam extensions are available for a $150 USD fee when purchased before the original access expires. It is recommended that you complete your exam in a timely manner as exams may be updated without notification. Instructions for scheduling your computer-based exam will be provided at purchase. Learn more at www.worldatwork.org/cbt. Self-study materials and all e-learning product purchases are nonreturnable.

WorldatWork classroom locations offer e-course materials technology to participants. Your certification course materials (and BAII calculator, if applicable) will be available for pick up on site the day of the course. For two-day courses, you may access the e-course materials PDF two weeks prior to the course start date or upon registration if you register within two weeks of the course.

E-learning course purchasers now have the option of print or e-course materials. Those who choose the e-course materials option will receive the materials electronically for the length of your e-learning program. Those who choose the print version of the course materials will receive it  5-7 days after date of purchase. 30-day extensions of e-learning access are available for a fee if purchased before original access expires.

Blended Learning e-course materials can be found within the product and will be available for the length of the course.

Please visit www.worldatwork.org/seminars to download course material amendments, view class rosters and to find out what to bring to your class.

*Join now and receive the best value. This includes both a one-year WorldatWork Premier membership and course registration. Add the course to your cart and then click "Join Now" before proceeding to check out.

 
What is Blended Learning?  

Frequently Asked Questions  |  Course Duration Matrix  |  Sample Class Syllabus

Blended  Learning — Take An In-depth Tour

Get the best of both worlds and more! Combining learning and study preferences, Blended Learning leverages independent e-learning and collaborative traditional classroom experiences with access to additional resources.

  • 24/7 access provides greater convenience and flexibility
  • Class discussion board allows access to peers and subject matter expert
  • Study when time allows
  • Integration of group and independent study
  • No “out of office” time needed
  • No travel expense.

Components of Blended Learning

All Blended Learning classes include a class discussion board, other components available within Blended Learning will vary in order to deliver the best learning experience possible. Classes may include access to components such as:

  • Live online session(s) with facilitator and peers
  • Audio files
  • Video files
  • Articles and/or white papers
  • Tools and templates
  • Online quizzes

 

 

 

 

 

 

 
Certification Exam: T2
Certification Paths
Certified Compensation Professional
This is a required exam to obtain a CCP.
 
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