You don’t have to be an Accountant to understand Accounting and Financial Reporting. No need to worry about T accounts, making journal entries, or assessing debits and credits, here. Just an explanation of what the accounting function is and how it works; leading up to being able to produce financial reports that reflect the health of the organization and point to areas that may need attention.

We’ll cover different types of transactions, the ways that information is collected and how it is used to a business’ advantage. It’s not by just providing profit/loss data but tying into inventory control, supply chain, and other operational efficiencies.

In addition, we’ll review primary financial statements including the Income Statement, Cash Flow Statement and Balance Sheet and how they apply to both small companies and giant corporations, alike.

Students will also learn about:

• What other tell-tale items can be gleaned from collected and stored data
• The availability of information: Public vs. Private enterprises
• How computers and communication have been utilized to increase accuracy and speed of processing
• Internal and External control: CPA’s and the auditing function

SHRM:
HR Jetpack is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP or SHRM-SCP. This program is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP. For more information about certification or recertification, please visit shrmcertification.org.

HRCI:
This activity, has been approved for 1.0 HR (Business) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). For more information about certification or recertification, please visit the HR Certification Institute website at www.hrci.org.
The use of the HRCI seal confirms that this activity has met HR Certification Institute's® (HRCI®) criteria for recertification credit pre-approval.