Human resources and administration
Accounting is considered to be the backbone of all businesses. There are typically two main areas of accounting, first would be financial accounting that uses information from resources such as customers, creditors, public, suppliers and stockholders. The second area of accounting is managerial accounting, which provides financial information that managers and department heads use to monitor and evaluate product flow and customer interest. The accounting department also provides key information on audits, financial inquiries, information on other businesses or competitors and on traffic flow margin. Financial economics determines the conditions and stability levels. The human resources department (HR) is responsible for information on job requirements, safety, benefits, medical, performance, and termination of employees Human resources analyzes, assists, plans, and reviews all job related issues regarding employees.
Corporate employers vision employees as assets, whose value is enhanced by degrees, development and knowledge. [1] Hence, companies will engage in a barrage of human resources management practices to capitalize on those assets Human resources departments would also find information systems beneficial for the department. I have understood the simplicity of systems that can simplify certain processes of information that are vital to the employment status and execution toward employee information. The positive benefits of this particular system is to track history of a person’s job, salary, and changes (management positions).
References
1.^ Elwood F. Holton II, James W. Trott, Jr., 1996, Trends Toward a Closer Integration of Vocational Education and Human Resources Development, Journal of Vocational and Technical Education, Vol. 12, No. 2, p
2.^ [a broad inter-sectoral approach to developing human resourcefulness see United Nations Expert Meeting on Human Resources Development. `Changing
References: 1.^ Elwood F. Holton II, James W. Trott, Jr., 1996, Trends Toward a Closer Integration of Vocational Education and Human Resources Development, Journal of Vocational and Technical Education, Vol. 12, No. 2, p 2.^ [a broad inter-sectoral approach to developing human resourcefulness see United Nations Expert Meeting on Human Resources Development. `Changing Perspectives on Human Resources Development 3. Jump up ^ "Financial Planning Curriculum Framework". Financial Planning Standards Board. 2011. Retrieved 7 April 2012.