In order to plan strategy and manage effectively, it is vital that HR
practitioners understand the importance and use of financial information
and the issues surrounding it. Managing Financial Information
offers a clear and accessible guide to the financial tasks that HR
managers face in daily working practice, including the balance sheet,
costing and budgeting, and the financial implication of human resource
decisions. An easy to follow structure, reflective questions and
engaging assignments that show the reader how to put theory into
practice will ensure an understanding of all key elements of financial
management.
This revised edition includes two fresh chapters that provide an
introduction to management accounting, and budgets and human behaviour,
and content that demonstrates how the theory relates to human resource
management systems in particular. Designed for CIPD students taking the
Managing Information for Competitive Advantage module as part of the
CIPD Leadership and Management standards, any student taking a finance
for non-specialists module on an HR degree programme, and any
practitioner wishing to further their skills, Managing Financial
Information works through every stage from the very basics and is
essential reading to ensure the thorough financial grounding that will
help you succeed.