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| Section | Weight | Objectives |
|---|---|---|
| Foundations of Accounting & Finance | 20% | - US GAAP and basic financial reporting standards - Role of finance and accounting in organizations - Relationship between HR and finance departments |
| Financial Statements & Analysis | 30% | - Income statement and profitability measures - Cash flow statement and liquidity - Balance sheet components and interpretation - Financial ratios and performance analysis |
| Cost Concepts & Allocation | 25% | - Cost allocation methods for HR programs - Direct and indirect compensation costs - Fixed vs variable labor costs - Budgeting and forecasting for HR |
| Financial Planning & HR Decision Making | 25% | - Compensation accounting and expense recognition - Financing and capital structure basics - Return on investment (ROI) for HR initiatives - Impact of HR decisions on financial results |
Total Rewards Management
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Variable Pay - Improving Performance with Variable Pay
Workplace Flexibility
Strategic Communication in Total Rewards
Regulatory Environments for Compensation Programs
Market Pricing - Conducting a Competitive Pay Analysis
Regulatory Environments for Benefits Programs
Organizational Culture Change
Variable Pay - Improving Performance with Variable Pay
Base Pay Administration and Pay for Performance
Accounting and Finance for the Human Resources Professional
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