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The INs and OUTs of Business Literacy

HR Digest

An effective financial literacy program should clear concepts of finance and accounting in simple terms with examples that are relevant to the organization’s day-to-day operations. The HR Digest: What is the most useful financial advice you’ve received? Joe Knight: The purpose of any organization is to make money.

Finance 63
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. And who’s in the best position to offer advice? The most important concepts to grasp are “how to measure profitability, EBITDA, operating income, revenue, and operating expenses,” he says.