Resource management is an integral part of any successful business. While there are many different facets to this type of business maintenance, accounting makes itself one of the central skills involved. This activity can provide you with a substantial number of tools that ultimately increase your ability to be an effective human resources manager.

Financial Integrity
Developing departmental budgets is a big part of the job given to human resource managers. The accounting behind this practice needs to be just as solid as that which backs sales and marketing. Budgeting items that can make a major impact on the bottom line for these types of managers include staffing, incentives, training expenditures, and performance evaluations. These types of activities are key when it comes to the payouts versus benefits for the bottom line of the company as a whole. Human resource managing that is heavy in accounting practices also emphasizes the importance of income management as a whole for the corporation. For instance, managers can quickly construct a picture for how vacation costs impact operations when given on a monthly basis instead of quarterly.

Directing Policy
Human resource managers also take on a considerable amount of responsibility by introducing policies that relate directly to employees, the most crucial asset of any company. In addition to knowing that policies will make positive changes within a corporation, managers must know that these changes are cost feasible. Rachel Herriman, a human resources specialist with a Stetson University Online Master of Accountancy degree, says human resources managers must be able to discuss their proposals in terms of financial results, if they desire to be taken seriously. Proposals developed by resources managers are meant to increase both productivity and profitability.

Measuring Success
Accounting practices represent a valuable tool for gauging the success of individual employees and policies that are developed by human resources. Numbers that impact sales, inventory, goods, and the satisfaction of customers all fall under the watch of human resources. The more accurately managers can assess these business elements, the easier it will be for them to develop effective and realistic goals for the future of the company. These types of skills can give managers the ability to know that losses in a retail situation can call for strategies that include developing training, revising staff, or using loss-prevention experts.

Making Your Case
The skills valued in accounting can give resource managers the ability to analyze break-even strategies for the company that clearly outline the return on every investment and initiative that crosses their desk. Cost-effective strategies that relate to business development should be the bread and butter for managers of this kind. Any advances in system projects, software, and employee policy all must meet these kinds of standards.

An accounting background can be very valuable for a human resources manager. Additionally, an emphasis on this type of practice within your organization will ultimately benefit all of the departments in the organization. Working together for a better bottom line and