Include your company's financial statements

Many companies choose to include their financial statements along with definitions of terms used by their company. Employees can then relate the generic statements they learned in the course to specific material for the company.

Your non-finance staff can gain a complete understanding of the basics of business finance and can apply the data. In some corporations, our course has become the place where non-finance staff can obtain a collection of key finance terms and definitions specific to their company.

Introduce and implement new concepts or policies

It's easier for you to communicate key information and concepts (bonus plans, increased shareholder value, economic profit ratios, return on capital, company investment choices, etc.) to employees who understand the basics. This has a long term benefit for any corporation including saving time and money.

For example, a number of companies are implementing employee effectiveness measurements, bonus programs or other benefits related to shareholder value, economic profit or other financial ratios. You want to make sure that employees understand the numbers that relate to these ratios and how they can impact the numbers. This benefits staff, the company and shareholders.

A customized Financial Competence can ensure that employees understand the basics of business finance and get the information they need to understand and apply the new programs.