What is your organization’s greatest asset? Most leaders and companies would say employees are the company’s greatest asset. So why do financial accounting systems continue to treat employees more like liabilities than assets? Investments in training and development, hiring of new talent, and employee benefits all make an organization look less valuable on paper and to investors. In short, the financial accounting system can distort business decisions in ways that ultimately don’t benefit anyone—investors, employers, or employees.
It may not be possible to change generally accepted accounting principles overnight, but we can start changing the way organizations and investors think about employee assets on balance sheets and income statements. Join us for a conversation about how accounting principles hold us back from investing in employees, and what we can do to change the way we value human capital.
This program is eligible for SHRM Professional Development Credits.
This program is presented in partnership with the HRMAC Institute at the Executives’ Club of Chicago. The HRMAC Institute comprises Chicagoland’s largest and most vibrant community of professionals who are passionate about talent and building the best organizations of the future.