Join us for a three part webinar series: Business Skills for HR Professionals
Session Two: Financial Literacy
Approved for 1 HRCI Business Credit and 1 SHRM PDC
Free for members | $20 for non-members
As HR professionals are asked to make increasingly important contributions to the organization, they must be able to speak the language of the business; and that language is money. Some believe that HR is good with words, but not so good with numbers, especially the financial kind. This does not mean that HR professionals should become certified accounting experts, but it does mean that HR can and should become more fluent in key financial concepts, be able to read and analyze income statements, look for the story behind the numbers, and be able to ask more informed questions.
This webcast presents information on key financial concepts and provides practice in reading financial statements. After participating in this webcast, participants will be able to:
- Assess your own financial IQ.
- Describe the definition and distinctions among revenue, profit, cash and assets.
- Discuss the importance of the value of intangible assets of an organization.
- Analyze various income statements to determine the story behind the numbers and identifying additional data to gather and questions to ask.
ABOUT THE SPEAKER
David C Forman is the author of Fearless HR, the President of Sage Learning Systems and former Chief Learning Officer of The Human Capital Institute. The courses he has developed and taught for HCI have been taken by thousands of HR professionals all over the world. In 2002, David worked with SHRM to create materials to support the GPHR certification program. Prior to these experiences, David spent 25 years in the training industry, working with large global organizations to improve the knowledge, skills and performance of their people. Major clients include FedEx, IBM, DuPont, Microsoft, SAP, American Express, PwC, Ford, Prudential, Apple, Scripps Healthcare, Allstate Insurance and the University of Farmers. In 1984, David had the unique opportunity to work with Apple on the release of the Macintosh; and several years later to help IBM streamline and cross-train over 22,000 manufacturing employees.
David has written more than 40 articles on talent management, analytics, strategic human resources, learning systems, high-performance cultures and leadership. He has also spoken at many national and global talent and leadership conferences, both in his role of hosting HCI’s conferences for many years but also as a key note speaker.