Business Finance For Hr Persons
Finance is the language of business which is used to communicate an organisation’s aspirations and goals, all of which are mainly expressed in financial terms.
If the HR persons have to effectively partner the top management in achieving the organisations strategic goals it is essential for them to understand and master financial concepts.
Key
Takeaways
Programme
Journey
Day 01
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Introduction to the two most important financial statements
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A closer look at the Profit and Loss Account and the Balance Sheet.
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The easiest and most logical way to prepare profit and loss account and balance sheet without even an elementary knowledge of accounting so that HR persons can treat their department as a profit centre.
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The first of two pillars on which successful businesses stand: Ability to generate profit
Day 02
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The second pillar on which successful businesses stand: Ability to efficiently manage cash flows.
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The role of HR persons in achieving the twin objectives of maximising profitability and managing cash flow and how to understand the financial implication of each HR-related decision.
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Introduction to the principles of costing and its use in taking financially intelligent decisions.
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Leverage Analysis
Day 03
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Ratio Analysis is a powerful control tool and helps in inter- and intra-company analysis and also in ensuring that the organisation is performing within industry norms.
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Budgets & Budgetary Control: Budgeting for Human Resources
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How to read Funds Flow Statements to evaluate the health of an organisation.
Participants' Profile
This programme is for senior executives & managers working in the HR department.
Meet The Trainer
Dr Anil Lamba
Bestselling author, financial literacy activist, and an international corporate trainer, Dr Anil Lamba is a Chartered Accountant and holds degrees in Commerce, Law and a Doctorate in Taxation.
His training programmes are held internationally, with a client list exceeding 3000 large and medium-sized corporations spread across several countries including India, the USA, and in Europe, Africa, Russia, the Middle-East and the Far-East.
He has also written several books and over 1500 articles. His latest books, ‘Romancing the Balance Sheet’ and ‘Flirting with Stocks’ are currently making waves.
Investment in the Programme
Physical:
INR 15,00,000/- per day plus taxes (if held in India)
USD 24,000/- per day (if held outside India)
Virtual:
INR 2,49,750/- per hour plus taxes (for clients in India)
USD 4,500/- per hour (for clients overseas)
In case of offline engagement, expenses towards venue for the training programme, course material, lunch and refreshments, travelling, lodging and boarding etc. would be borne by the client.
Payment Term: 100% in advance.
To hold this programme for your organisation, follow these 3 simple steps
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