CFO Series: Accounting for People: Trends, Costs, & Talent

Overview

Do you truly feel qualified to manage HR? Leaders are increasingly responsible for the human resources function, despite limited formal training in people management. This seminar explores how to account for people as a valued asset rather than an expense. Managing the costs, trends, and risks associated with today's ever-changing workforce has changed. From recruiting and retention, to engagement and compensation alternatives. The modern finance leader must understand how employee-related decisions drive both performance and profitability. This session will examine the financial implications of HR trends, workforce planning, and the evolving role of talent strategy. We'll also explore how to influence investments in people through accounting and reporting tools. Successful organizations have moved employees to the left side of their balance sheet. Have you?

Prerequisites

None, preferably at least six (6) months of professional financial statement analysis experience and/or at least six (6) months of professional experience in preparing or reviewing accounting processes and reports; experience working with internal clients or external clients and business leaders.

Objectives

After attending this presentation, you will be able to...

• Analyze current trends affecting engagement and employment. 
• Recognize the challenges in valuing and reporting on human capital and reviewing potential solutions to build a great workforce.

Highlights

The major topics that will be covered in this course include:

• Trends in the modern workforce: demographics, generational shifts, remote work, and engagement
• The true costs of talent: hiring, retention, and turnover
• People as assets versus people as liabilities
• The varied challenges in accounting for human capital
• Metrics that matter; KPIs for employee performance and value
• Integrating people costs into financial strategy
• Navigating compliance, risk, and benefits