The course provides a concise overview of human capital reporting and Diversity, Equity and Inclusion (DEI) for accountants. Human capital refers to the skills, knowledge, and experience possessed by an individual or population. Human capital reporting is the process of measuring and communicating essential metrics about the performance and management of human talent to internal decision makers and external stakeholders. A key segment of the human capital reporting equation is DEI (Diversity, Equity, and Inclusion). This refers to workplace initiatives that promote and measure diversity (presence of employee differences in race, ethnicity, gender and other characteristics), equity (enterprise fairness and impartiality), and inclusion (sense of belonging). In this information age, corporate talent and culture are now under the spotlight as never before. Intellectual capital has become vital for success and a major source of competitive advantage. You’ll walk away with a foundational understanding of emerging issues, trends, and expectations related to human capital reporting and DEI. You’ll also discover key frameworks and strategies accountants are now using to rigorously track human assets, and how to build talent capital cultures that honor both human dignity and financial integrity.
Program Content:
The major topics that will be covered in this class include:
- The Human Capital Revolution
- Human Capital Reporting Basics
- Leading Human Capital Reporting Standards
- DEI Basics
- Diversity Gap in Accounting
- Factors Reducing the Accounting Profession’s Attractiveness to Underrepresented Groups
- Why the Diversity Gap is a Problem
- What’s Causing the Gap
- The Business Case for Diversity: Myths vs. Truths
- The Diversity Secret: The Real Benefit of DEI to the Profession
- How to Actually Get Better at DEI
- Top DEI Networks, Advisory Services, and Help Resources
- Examples of DEI Transparency Reports in Accounting Profession
- Publications that Promote Accountants as Role Models
Who Should Attend:
Practitioners who want a basic, non-technical understanding of human capital and DEI reporting and how to set themselves up for long-term success in an era of new metrics and standards for talent and culture in the modern workplace.
Learning Objectives
- Discover and outline at least four leading human capital reporting standards.
- Identify at least five factors which reduce the attractiveness of the accounting profession to underrepresented minority groups.
- Identify and list at least seven reasons why most diversity programs underperform and do not achieve expected outcomes.
- Explore and explain at least six proven strategies that improve workforce diversity in an accounting operation.
- Recognize and assess at least 50 DEI resources that can be used by practitioners to better showcase and quantify the power of people.
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Prerequisites
No advanced preparation or prerequisites are required for this course.