Managerial Accounting for Human Resources Management

Managerial Accounting for Human Resource Management will teach you about the accounting or financial aspects of the many decisions faced by human resource (HR) managers. Accounting and finance (the "language of business"), and the financial information system of the organization serve to summarize organizational plans and the results of actual operations. Because these are so pervasive in the organization, it is necessary for HR managers to understand the measurement bases and the underlying methodologies. This course will give you a detailed knowledge of concepts and procedures, including financial statements, statement analysis, budget, cost behaviour, capital budgeting and more. These topics will be presented through quizzes, in-class assignments and a final test. In the real world, the knowledge you obtain in Managerial Accounting for Human Resource Management will be useful if, for example, you are required to prepare an operating budget for your area of responsibility. Another way in which you will use the knowledge gained in this course will be to interpret or react to standard costing variances in respect to your area of responsibility or the effect of your decisions on the overall results of the organization. Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.