Business Finance Professional
Learning at home
Summary
- Tutor is available to students
Overview
Business Finance deals with the raising and managing of funds. Irrespective of the organisation's size, at some point in time, management will need to address the issues raised when attempting to secure funds for the organisation.
Fund management activities require financial forecasting. This forecasting allows the organisation to develop long term strategic plans for the organisation. Short-term budgets can then devised to meet the organisation's strategic goals.
This course is suitable for anybody who is interested in the financial aspects of an organisation and covers a broad range of relevant financial and managerial issues.
Description
Module 1 – Cost and Management Accounting
On successful completion of this module the candidate will be able to:
Introduce management accounting and the importance of costs and historical costs.
Investigate the methods employed by management to control costs
Discuss the principles of marginal costing.
Define the marginal cost equation.
Describe the uses and limitations of break-even analysis.
Module 2 – Budgetary Control
On successful completion of this module the candidate will be able to:
Explain the features of the household budget.
Describe the benefits of budgeting.
Identify the rules for budgeting and budgetary control.
Discuss cash budgets.
Discuss the behavioural implications of budgets.
Module 3 – Introduction to Accounting
On successful completion of this module the candidate will be able to:
Discuss the accounting concept.
Describe the differences between financial and managerial accounting.
Identify the characteristics of accounting information.
Define the relationship between profit, profitability and cash.
Explain the fundamental accounting conventions and concepts.
Describe the capital structure of a limited liability company.
Module 4 – Working Capital Management
On successful completion of this module the candidate will be able to:
Discuss the objectives of working capital management.
Describe liquidity and accounting profitability.
Examine the working capital cycle.
Introduce working capital management in the real world.
Introduce the concepts of credit management and effective pricing.
Questions and answers
Reviews
Currently there are no reviews for this course. Be the first to leave a review.
Legal information
This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.
