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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.