How You Will Benefit
In today’s economy, organizations are doing more
with less. They’re demanding more productivity
from every employee and looking for every possible
measure to improve the bottom line. And they’re
expecting their employees to monitor and drive this
process themselves.
A basic working knowledge of financial statements
and calculations is necessary to make sound
decisions about all aspects of a business. By learning
how to read and interpret a few basic financial
instruments, you can recognize opportunities to
increase revenue and shave expenses, thus
increasing your value to the organization.
By improving your financial know-how, you’ll
empower yourself in many ways. You’ll know how to
justify requests and translate performance into
financial terms. You’ll be able to quantify your
department’s contribution to the organization—and
your own. You’ll communicate more effectively with
your boss, upper management, shareholders, and
other stakeholders about the financial results you
have achieved and those you plan to deliver.
