Practical Financial and Managerial Accounting for HR Professionals
Parveen Gill,
Ionela Bacain
Practical Financial Managerial Accounting for HR Professionals is an applied guide to the fundamental concepts of financial and managerial accounting, tailored to the needs of human resources professionals in Canada. It covers key topics, such as financial statement analysis, risk management, sustainability, financing operations, HR metrics, and more.
Designed as a workbook, this text features a running scenario centred on a fictional hotel that is experiencing post-COVID growth. Readers take on the role of supporting management in achieving next year’s performance targets, focusing on budgeting, revenue, training, and development—core HR metrics measured financially.
Financial competency is a key requirement for achieving an HR designation in Canada, whether through Ontario’s HRPA or the CPHR. By engaging with these materials, readers develop the analytical and decision-making skills needed to interpret financial information, manage budgets, and address the financial challenges they will encounter throughout their HR careers.