This six-week online course has two goals: first, to describe the fundamentals underlying the flow of financial information used for the preparation and interpretation of financial statements; and second, to describe and use financial information to make decisions about how assets are employed within organizations. You will learn to present proof that the return on investment in human resources is valuable to the profitability of the company. You'll examine the basic elements of managerial accounting and discuss and analyze the metrics that HR managers use to assess the effects of HR decisions on the bottom line. The course includes readings, lectures and analysis of corporate financial statements.
The following course will satisfy the Accounting business foundation requirement for MSHROD students, if you already had an Accounting course, this course can cound as a Finance business foundation.