Basic Accounting and Finance for HR Professionals

Duration 60 Mins
Level Basic & Intermediate
Webinar ID IQW19A0120

  • Learn about the importance of being able to speak the basic language of business 
  • Understand terminology that will help you become a more valuable business partner
  • Learn and deconstruct the fundamental accounting equation and what it means
  • Understand the primary financial statements, including their purpose and how they work together
  • Be more conversant with executives and department leaders 
  • Conquer any trepidation you have about learning accounting and finance

Overview of the webinar

To strengthen the value of human resources in any company, HR professionals need to know the language of business, and that includes the financial components that have traditionally measured business progress and success. This course is designed to help you do just that. Even if you’ve never taken an accounting or finance course, this webinar will give you the foundational understanding you need to improve your partnership and support of your internal customers, namely operations, sales, marketing, executives, and more. You’ll learn how the valuable work that you do in HR ties in directly with the overall success of your company. And, you’ll be able to partner more closely with other functional leaders.

Who should attend?

  • Human resources professionals at all levels
  • HR professionals who participate in cross-functional work teams
  • Anyone with budget responsibilities for HR departments and projects
  • Anyone in business who wants to understand the basic language of business

Why should you attend?

Human resources is no longer the outdated-but-upgraded “personnel” department. As a full-fledged business function, it is imperative for HR professionals to understand basic accounting and finance terms, concepts, and metrics. Foundational knowledge of this nature is essential to the overall success of any human resources department, especially in its partnership with internal customers, executive leaders, and other stakeholders. In this webinar, Melveen Stevenson, an HR expert with an accounting background, will focus on the basics of accounting and finance to help build your knowledge and understanding. She’ll walk you through the core accounting equation, explain the primary financial statements, and review key terms that will quickly get you up to speed. You’ll walk away with confidence in your abilities to be conversant in the “language of business” and be able to strengthen your skills in HR with enhanced abilities to understand the meaning behind the numbers.

Faculty - Ms. Melveen Stevenson

Melveen Stevenson is the CEO and founder of M.S.Elemental, LLC, a human resources and business advisory firm based in Los Angeles, California. As a certified HR professional with a background in accounting and finance, she helps companies to navigate the human resources “jungle” of compliance, human capital, and leadership challenges. In doing so, she empowers companies to strengthen the infrastructure from the inside out, specifically through leadership development, operations, training, employee engagement, and executive coaching.

Over the last 17 years, Melveen has held leadership positions in human resources operations, supply chain, and talent management at international companies in food manufacturing, medical devices, and consumer products. She has also worked internationally.

She has partnered closely with Global Security and Safety specialists to provide training and expertise in the areas of workplace violence and active threat response protocol. Her work has helped organizations to expand awareness of potential sources and signs of workplace violence situations as part of an overall mission to prevent and appropriately respond during such incidents.

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