Financial Analysis for HR Professionals


Date and Time

Starts:05/05/2021 9:00 AM

Ends:05/06/2021 6:00 PM

Event Type: Workshop

16 CPD Hour(s)

Location:
Canadian HR Academy

Third Party Virtual Platform

Price:

$1,450 + tax

Availability

Additional Information

Event Sponsor


Additional Information:

This is a cohort based, synchronous and live online learning event. Space is limited. To enquire about availability or to register, please visit the Canadian HR Academy event page, click on the Register button, and submit the contact form.

Multiple cohorts are available in 2021.

CLICK HERE For more information and to register.

Raise your business acumen and take your rightful seat at the table with other functional leaders in your organization. This program is a game-changer for all HR Professionals. Set yourself apart in a positive light. This is your year to SHINE!



Program Description:

This 2-day program provides fundamentals for translating finance and accounting concepts into decision-making tools, techniques, and frameworks that you can use at work right away. You will learn how to apply the basics of finance and accounting to help you understand and convey to others HR’s impact on the bottom-line now and in the future. There are several practice exercises where you learn how to create HR budgets using a Zero-based approach as well as an Incremental approach.

Participants learn how to analyze financial statements (Income Statements, Balance Sheets, Cash Flow Statements, Statements of Retained Earnings), create and forecast HR budgets, and apply financial principles to real-world situations. You will also get hands-on experience forecasting/projecting HR budgets using a Common-size approach. Come and learn about when to ‘expense’ a transaction and when to ‘capitalize’ it instead.


This 2-day program is designed specifically for HR Professionals.

You will learn the fundamentals for translating finance and accounting concepts into decision-making tools, techniques, and frameworks that you can take back to your desk and start using at work right away.


Attend this program to take away the following key learnings:

  • Apply the basics of finance and accounting to help you understand and convey to others HR’s impact on the bottom line now and in the future.
  • Create HR budgets using a Zero-based approach as well as an Incremental approach.
  • Analyze financial statements (Income Statements, Balance Sheets, Cash Flow Statements, Statements of Retained Earnings)
  • Apply financial principles to real-world situations.
  • Hands-on experience forecasting/projecting HR budgets.

Who Should Take This Program:

  • Human Resources Professionals
  • Talent Management Professionals
  • Training and Development Professionals
  • Organizational Development Professionals
  • Canadian HR Academy Logo

    Speaker bio(s)
    Caroline Power, BBA, MBA, M Ed, CTMP, CHRP, CHRL, CPHR, SHRM-SCP

    Caroline Power, CEO of Canadian HR Solutions Inc.brings extensive experience in Human Resources, Financial Risk Management, and Adult Education. Her 20+ year career has been spent in financial services and higher education.

    Power spent the early years of her career in leadership roles at General Electric Capital beginning in the company’s Canadian commercial equipment financing operation and later transferring to corporate headquarters, in Connecticut, to complete the Risk Management Leadership program. After GE she held executive positions at Ernst & Young and the Business Development Bank of Canada. Her last industry role was Senior Vice President of Human Resources in the Canadian banking sector.

    Power completed an undergraduate (B. Comm/BBA) degree in Human Resources at York University, an MBA degree in Corporate Finance at Wilfrid Laurier University, a Master of Education (M Ed) degree in Workplace Learning at University of Toronto, PhD course work, all but dissertation, in Industrial and Organizational Psychology at the University of Leicester, with current pursuit of a Doctor of Business Administration (DBA) degree in Strategy at California Southern University.

    Power has been a professor of Human Resources Management courses since 2006, having taught at the University of Toronto, Ryerson University, Seneca College, Humber College, George Brown College, the University of Guelph-Humber, and Schulich School of Business’ MBA Program. She is a former Academic Chair of Seneca College’s International School of Business and also Nova Scotia Community College’s Faculty of Business, Waterfront campus in Dartmouth.

    Power is a Certified Talent Management Practitioner (CTMP) and she holds the Certified Human Resources Leader (CHRL), the Certified Human Resources Professional (CHRP), the Chartered Professionals Human Resources (CPHR), the Society of Human Resources Management – Senior Certified Professional (SHRM-SCP i.e., the US version of our CHRE) designations.