MHRC: Management of Human Resources Cohort: Week Three

Harvard Business Review (2:18 min)
Joe Knight, coauthor of Financial Intelligence, explains the financial statement—and why managers should get involved in finance.

Films on Demand (13:34 min)
The video begins with the acquisition and retention of tangible fixed assets through capital expenditures and revenue expenditures, then covers several other topics.

Films on Demand (14:38 min)
This program divides its time between the matching concept and the accounting cycle. First, the cash basis of accounting is compared to the accrual basis of accounting. Next, the five main types of entry adjustments are defined and illustrated. And then, with suitable fanfare, the accounting cycle is described in detail.

Films on Demand Segment from "Balancing the Books: Understanding Financial Reporting" (7 min)
Accounting information refers to four processes: collecting, recording, analyzing, and reporting. Reports can be used by stakeholders, suppliers, lenders, and more. Accounting software makes collating and analyzing easier.