Explains business literacy terms and concepts via numerous examples that are applicable to the HR role. HR professionals will be exposed to the multiple financial ramifications of what they do within the organisation. Specifically, HR departmental decisions and day-to-day operations will be related to the financial statements and other financial decisions made by management.
Arguing that business literacy is relevant to the HR professional, this reference addresses concerns that individuals in HR positions are being overlooked in terms of corporate decision making and explains corporate accounting and finance through the lens of well-accepted HR competencies. Including data on financial ratios, budgeting, and fraud, this straightforward guide contains critical information for all business leaders, but especially HR generalists and managers who are not regularly exposed to such material.
