Course Detail

Course Details

This is an excellent course, which will equip you with detailed knowledge on Management Accounting, Pricing, Costing, Credit Control, Book-keeping and Record-keeping. The course documentation for this NCFE accredited course is detailed and easy to read. Students receive a course manual, assignments and studyguide plus tutor support. The course pack also includes a number of highly useful management templates, which can be used on an on-going basis.

Topics Covered in this Course

Unit 2: Credit Control

• Cracking the Credit Problem
• Is my Customer Credit Worthy, Credit Control Routines
• Debt Recovery Through the Courts
• Statutory Demands
• Insolvency and Bankruptcy
• VAT and Tax Relief for Bad Debts

Unit 3: Management Accounting

• About Budgets
• Cash Flow Forecasts - The Cash Budget
• Managing Your Cash
• The Trading Budget
• Planning For Profit - The Profit and Loss Budget
• Key Management Reports
• Manual Accounting Records and Computerised Accounting Records.

Unit 4: Reviewing and Improving Business Practices

• Active Learning
• Prioritising
• Planning Change
• Monitoring
• Future Learning

Who should complete this course?

• Non-financial Managers in businesses who wish to gain an understanding of financial aspects of business.
• People considering a career in financial management.
• People who wish to gain a professional, accredited qualification in the subject matter by home study distance learning.

Entry Requirements / Prerequisites

• None.

Assessment

• This NCFE certificate is assessed through a series of tutor marked assignments.

Successful learners will receive a level 2 NCFE Award certificate in Business Finance. That means that it is independently accredited at a level of learning roughly equivalent to level 4 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland. A UK Award at level 2 is at a rough equivalent level to a FETAC Level 4 Award.