This unit is about understanding and applying the principles of effective credit control in an organisation. Students will require an understanding of the principles of credit control in the context of relevant legislation, contract law, best practice, professional ethics and organisational policies
DurationThe AAT is the UK’s leading Accountancy body offering entry level qualifications. The AAT is open to all, regardless of age or experience there is a place that anyone can start their accountancy studies with the AAT. What’s more, LGCA is a UKs leading AAT provider, with outstanding student success rates.
This unit is about understanding and applying the principles of effective credit control in an organisation. Students will require an understanding of the principles of credit control in the context of relevant legislation, contract law, best practice, professional ethics and organisational policies.
LGCA is a multi-accredited UK learning provider for professional financial education, specializing in the areas of governance, risk, compliance, and cybersecurity.
LGCA is part of the European Institute of Management and Finance (EIMF) Group, one of Europe’s leading institutions for certified and executive education, eLearning and bespoke learning solutions in the financial sector.
The Group provides practical and essential knowledge and skills for ambitious professionals seeking excellence in their careers and for companies seeking to meet the demands of today’s financial sector.
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LGCA is an accredited training partner (ATP) of the Chartered Institute for Securities and Investment (CISI), offering fully online training courses for host of CISI qualifications.
We are also an accredited training institution with the International Governance & Compliance Association (IGCA), the Association of Accounting Technicians (AAT), the International Association of Privacy Professionals(IAPP) and an accredited training provider of EXIN.
As well as accredited courses, we provide many vocational and other specific programs to assist in your daily responsibilities and career progression.
Learn about Universal Credit, how to make your first claim online and what information you will need to do this. This course is aimed at individuals who lost their job as a result of COVID-19, unemployed individuals, and anyone interested.
The focus of the Credit Controller/ Collector role is to monitor and manage customer accounts; follow organisational policies to collect monies owed and ensure that work quality targets are met.
This course can offer you a transparent understanding of the credit management method and increase your confidence once handling credit management matters.
In this unit you will study performance measures relating to liquidity, profitability and gearing. Topics covered include analysing relevant legislation and contract law that has an impact on the credit control environment, assessing credit risk and grant credit in compliance.
Having an effective credit control function is essential, as slow payment and bad debts can have a serious effect on the profitability and success of your business.
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