This event enabled you to:
use and interpret financial information in order to become a more active contributor when financial issues of importance to the HR function are being discussed.
appreciate the practical significance of a variety of financial performance indicators
become conversant with the different kinds of costs and costing techniques and to appreciate the impact of different cost structures on financial performance.
The workshop included:
Financial objectives and shareholder value
Financial statements, especially profit and loss accounts, cash flow statements and balance sheets.
Financial terminology and ‘buzz’ phrases
Financial indicators and financial performance measures
Costing, costing techniques and cost structures
The elements of project appraisal – evaluating the financial attractiveness of a longer term capital project.
Briefings and explanations were followed by a variety of interactive assignments including case studies, puzzles, quizzes and financial ‘games’.
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