This course will cover the basics of finance for non-finance professionals including key accounting and finance essentials and concepts, accrual-based accounting and basic accounting principles. Even if your role isn't directly related to finance, your activities may still have financial implications. Financial analysis helps you understand your organization's financial standing, how it got there, and its strengths and weaknesses.
A general knowledge of financial analysis is essential for understanding the financial implications of any activities. In today's business world, financial acumen is expected at every organizational level. Comprehending Financials: A Guide to Financial Statements.Basic Accounting Concepts for Non-financial Professionals.Non-financial professionals who wish to gain understanding or refresh their knowledge of finance and accounting
You will also examine a few examples of financial statements and explore how each financial statement relates to the others. You'll walk through the four-step accounting process and you will learn about each of the three financial statements, their reporting requirements, and how information is arranged within them. It explores business finance, including how business transactions affect financial statements and the bottom line. This course covers the basics of finance for non-finance professionals and covers key accounting and finance essentials and concepts: the basic accounting equation, accrual-based accounting, and basic accounting principles. This information is not provided in the course of an attorney-client relationship and is not intended to constitute legal advice or to substitute for obtaining legal advice from an attorney licensed in your state.įinance and accounting are at the heart of every business. The information contained herein is provided only as general information that may or may not reflect the most current legal developments.
Readers should not act upon this information without seeking professional counsel. Transmission of the information is not intended to create, and receipt does not constitute, an attorney-client relationship. Nothing herein, or in the course materials, shall be construed as professional advice as to any particular situation or constitute a legal opinion with respect to compliance with any federal, state, or local laws. Please note, however, that the course materials and content are for informational purposes only and do not constitute legal advice. This course was developed with subject matter support provided by the Labor & Employment Law Group of the law firm of Baker, Donelson, Bearman, Caldwell & Berkowitz, PC.
This course explains the principles of effective employee discipline, including the concept of due process in the disciplinary procedure, and it describes how to respond to and document a disciplinary issue appropriately. Consistent and fair procedures, honest communication, and clear expectations can help managers deal with disciplinary issues in a way that improves behavior with fewer negative repercussions. And mishandling disciplinary issues may result in employee claims of breach of contract, wrongful termination, or discrimination and retaliation. But simply ignoring or avoiding problems is not an option because it may signal to employees that inappropriate behavior is acceptable. Dealing with problematic behavior and taking disciplinary action can be stressful.
A key role for any manager or supervisor is to ensure employees meet the expectations for appropriate and lawful conduct at work.