Business Finance

by Learndirect Claim Listing

The course is particularly suited to the general manager with responsibility for a small organisation or a department, needing a broad understanding of a range of financial planning and management techniques.

£207.99

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Course Details

This programme is designed for people seeking to understand and apply the principles of finance and financial control of a business. The course is particularly suited to the general manager with responsibility for a small organisation or a department, needing a broad understanding of a range of financial planning and management techniques.

 

At the end of the course you will be able to:

  • Define the need for keeping books
  • Describe common book-keeping methods
  • Understand credit control techniques and methods
  • Devise debt recovery procedures
  • Understand costing and pricing models and methods
  • Conduct break even analyses
  • Prepare a trading budget
  • Manage cash and cashflow
  • Compose basic financial reports

 

Modules:

  • Module A: book-keeping
    • Why keep books?
    • Book-keeping methods
    • Introduction to VAT
    • The analysed cash book
    • Sales and purchase day books
    • Reconciling the bank account
    • Double entry book-keeping
    • Single entry systems
  • Module B: 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
  • Module C: Costing & Pricing
    • Pricing a product
    • Costing a product
    • Pricing a service
    • Break even analysis
    • Contribution theory
    • Absorption costing
  • Module D: Management Accounting
    • Budgets
    • Cashflow
    • Managing cash
    • The trading budget
    • The profit & loss account
    • Management reports
    • Manual accounting records
    • Computerised accounting records
    • Breakeven analysis
 
 

Entry Requirements:

  • There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.
  • All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.
  • Bournemouth Branch

    Wilson House, Lorne Park Rd, Bournemouth

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