Obtain the practical understanding of financial management so essential for all HR practitioners wishing to manage people and solve problems effectively.
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.
The structure is easy to follow and interesting to read...The materials are useful in providing a general overview...and the text covers the points succinctly
Patricia Chase, Senior Lecturer, Middlesex University, UK
The content of this proposed text is better than the text I currently use...The depth of coverage is relevant for the academic level, the style is appropriate and has been written in such a way that it makes for an easy read for the students...I think that all the key areas have been adequately covered...The material is clearly relevant to the financial aspects of the module...The length of the text is about right in that it covers the topic areas well without being drawn out and the author has not skimped on the material such that any topic has not been discussed and explained adequately. I would recommend this text to my CIPD students without reservation
Raymond Rogers, Lecturer, Coventry University, UK
David Davies is now retired. He is a former principal lecturer in financial management at the University of Portsmouth, UK. A qualified accountant with a Masters Degree in Management from Henley Management College, he previously spent 17 years in the private and public sectors with GEC, Thomas de la Rue, IBM and several local authorities. He has lectured on DPM, MBA, DMS and undergraduate courses, and undertaken consultancy work.
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