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WorldatWork T2 Exam Syllabus Topics:

SectionWeightObjectives
Foundations of Accounting & Finance20%- Relationship between HR and finance departments
- Role of finance and accounting in organizations
- US GAAP and basic financial reporting standards
Cost Concepts & Allocation25%- Budgeting and forecasting for HR
- Direct and indirect compensation costs
- Cost allocation methods for HR programs
- Fixed vs variable labor costs
Financial Planning & HR Decision Making25%- Compensation accounting and expense recognition
- Return on investment (ROI) for HR initiatives
- Financing and capital structure basics
- Impact of HR decisions on financial results
Financial Statements & Analysis30%- Cash flow statement and liquidity
- Income statement and profitability measures
- Financial ratios and performance analysis
- Balance sheet components and interpretation

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