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Business Finance


Stonebridge College.

Summary

Price
£309.99 inc VAT
Finance options
Finance options available
Study method
Distance learning
Duration
100 hours · Self-paced
Qualification
SAC Certificate
Awarded by Qualifications Register

Overview

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

Description

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


Tutor Support

With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor.

You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you willalways succeed!

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

Qualifications

Award 1 is issued by Stonebridge Associated Colleges: Business Finance Certificate

Business Finance Certificate issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.

Award 2 is issued by our Awarding Body: Level 2 Business Finance Award

At the end of this course successful learners will also receive a Level 2 NCFE Award Certificate of Achievement. Our course has been accredited under our NCFE IIQ Licence and the course measurable learning outcomes have been benchmarked at Level 2 (using Ofqual's Qualification and Credit Framework (QCF) level descriptors) to allow you to consider the depth of study, difficulty, and level of achievement involved.

Requirements

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.


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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.