Skip to content

Account Management : Account Management

Advanced Diploma QLS Level 7 | *FREE PDF Certificate* | 130 CPD Credits | *Free Bookkeeping Course*


Brentwood Open learning College

Summary

Price
£12 inc VAT
Study method
Online
Duration
620 hours · Self-paced
Qualification
No formal qualification
CPD
130 CPD hours / points
Achievement
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

31 students purchased this course

Add to basket or enquire

Overview

Account Management

Advanced Diploma in Account Management QLS Level 7. Additional CPD Accredited Certificate with 130 CPD points available with no extra study. The course comes with easy to understand e-learning study materials.

Account Management Level 7 Endorsed Certificate of Achievement The better you understand the Accountancy profession, the more likely you are to become a successful Accountant. This advanced Level 7 Diploma in Account Management is for ambitious candidates intent on taking this dynamic profession by storm.

Account Management

Account Management Diploma is of great interest to business professionals and new comers interested to get a thorough introduction to Account Management. If you’re serious about climbing the career ladder to the very top, we’re serious about showing you the way. Account Management helps businesses to measure, monitor and plan their operations. Study Account Management in your own time and at your own pace for our highest-level Account Management Diploma and the career of your dreams could be right at your fingertips!

Account Management Diploma helps you learn the core Accounting principles and practices. Highlights of the course include; Introduction to Accounting, the role of an Accountant, Accounting concepts and standards, journals and subsidiary books, profit and loss accounts, balance sheet, cash flow statements, budgeting, variance analysis, ratio analysis, Financial Management, Management of working capital and investment methods.

Account Management Diploma units take students from the basic Accounting fundamentals to the various Accounting concepts used by the Accountants for keeping records of the capital expenditure of a company. From understanding debits and credits and using simple T-accounts to closing out the accounts at the end of an Accounting period, producing the statement of retained earnings and balance sheet, In Account Management you will learn how each step is completed.

This self-paced programme is available 24/7 providing you with the flexibility to train at the pace, location and time of your choosing. Endorsed certificate from a registered awarding body can be claimed on course completion. College registration, tutor support, course materials and additional supporting material are all included in the course fee.

Account Management - Course Benefits:

This Account Management Diploma Level 7 has the following benefits:

  • Full Tutor Support
  • Self paced, no fixed schedules
  • Available to students anywhere in the world
  • 24/7 Access to the LMS ( Learning Management System )
  • Easy to understand quality e-learning study materials

Account Management - Course Material

All course materials are included in the Account Management course price. All your study material will be available on our learning management system for which you will get access once you are enrolled. The material can be downloaded and printed as well.

Our distance learning Account Management course materials are specially written for home study and contain a wealth of knowledge in easy to understand language. We use variety of media to help you learn. Your course may use any of the following different media which you can use from home or where ever you choose to study:

  • Online course materials
  • Question papers
  • Additional Supporting Material
  • Useful Links

Account Management - Course assessment

You will be continually assessed throughout the Account Management course. Your assignment will be marked by your tutor and independently moderated. The feedback on your assignment will then be sent to you. On receipt of this, you may wish to contact your tutor to discuss the feedback.

Tutor Support

When you enrol on a course with BOLC Courses you are allocated your personal tutor. Tutor’s help and support will be available throughout your studies with the college. He/she will assess your work and will provide you with regular feedback on your progress.

Quality Licence Scheme

This course is endorsed by the Quality Licence Scheme. The Quality Licence Scheme, endorses high-quality, non-regulated provision and training programmes.

Achievement

CPD

130 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Account Management

This comprehensive Diploma in Account Management takes an in-depth a look at corporate Accountancy, exploring the daily duties and responsibilities of those who work in Account Management. Study the purpose and mechanics of cash flow statements, income statements, balance sheets and other key financial documents, alongside concepts such as budgeting, operating capital and so much more besides. Pick up the skills, knowledge and confidence you’ll need to become the capable and successful accountant you know you can be.

Account Management - Learning Outcomes

On Account Management Diploma completion the learner should be able to;

  • Understand the characteristics of Management and Leadership
  • Understand the management challenge and the new functions of management
  • Identify and explain requirements for effective resource management in a business
  • Identify problems relating to managing resources, overcoming the problems and handling the resources efficiently
  • Understand Debits and Credits
  • Reading Annual Reports
  • Understanding Ratios and their Use in Decision Making
  • Identifying High and Low Risk Companies
  • Understand the idea of funds flowing through a business
  • Describe the role of working capital in the operations of a business
  • Use cash flow statements as analytical tools
  • Understand the basic aspects of financial planning and the role of budgeting
  • Explain various types of budgets
  • Describe an appreciation for the need for proper investment appraisal.
  • Explain the various methods of appraising capital projects, including their relative merits and demerits
  • Identify some other concepts relevant in investment appraisal.

Account Management - Course Syllabus

The Account Management Diploma consists of the following units:

Module 1- Understanding Management

This module covers the following key topics:

  • About Leadership
  • Understanding Your Comfort Zone
  • Managing Performance
  • Servant Leadership
  • Onboarding and Orientation
  • Managers Vs. Leaders
  • Types Of Thinking
  • Consequential Thinking
  • Influence Strategies
  • Building Trust

Module 2- Improving Management Skills

This module covers the following key topics:

  • What is a Learning Organization?
  • Achieving Personal Mastery
  • Our Personal Vision and Our Values
  • Analyzing Our Mental Models
  • Achieving a Shared Vision
  • Team Learning

Module 3- Understanding debits and credits

This module covers the following key topics:

  • The Role of an Accountant
  • Accounting Personnel
  • Methods of Accounting
  • Advantages of Double-Entry System
  • Types of Accounting
  • Distinction between Bookkeeping and Accounting
  • Objectives of Bookkeeping
  • Organisation of Accounting and Finance
  • Bases of Accounting
  • Accounting Terminology

Module 4- Analyzing cash flow statement

This module covers the following key topics:

  • Working Capital and the need for it
  • Initial Investment (Capital)
  • Determining Working Capital Requirements
  • Sources of Funds
  • The need for Additional Funds
  • Factors affecting Fund Requirements
  • Statement of Changes in Working Capital
  • Fund Flow Statement
  • Importance of Cash and Cash Flow Statement
  • Sources and Uses of Cash
  • Preparation of Cash Flow Statement

Module 5- Understanding Budgeting

This module covers the following key topics:

  • Types of Costs
  • Generally Accepted Accounting Principles
  • The Basics of Budgeting
  • Budgeting Terms
  • Types of Budgets
  • The Budgeting Process
  • Budgeting Tips and Tricks
  • Understanding Ratio Analysis
  • Net and Gross Profit Margin
  • Return on Investment
  • Comparing Investment Opportunities

Module 6- Bookkeeping Skills

This module covers the following key topics:

  • Workshop Objectives
  • Basic Terminology (I)
  • Balance Sheet
  • Income Statement
  • Revenue
  • Cost of Goods Sold
  • Expenses
  • Basic Terminology (II)
  • Accounts Receivable
  • Accounts Payable
  • Trial Balance
  • Plus more

Module 7 – Financial Management

This module covers the following key topics:

  • Introduction to Managing Finance
  • Financial Responsibility & Accountability
  • Investment Avenues
  • Scope of Financial Management
  • Objectives of Financial Management
  • Functions of Financial Management
  • Plus more

Module 8- Investments Versus Returns

This module covers the following key topics:

  • Introduction of Investment Methods
  • Types of Investment Proposals
  • Project Report
  • Methods of Appraisal
  • Cost of Capital
  • Limitations of Investment Appraisal Techniques

Module 9- Networking for Success

This module covers the following key topics:

  • Assessing Your Networking Skills
  • Identifying Opportunities and Customizing Your Approach
  • Creating a Positive First Impression
  • Your Memorable Intro
  • Starting the Conversation
  • The Handshake
  • Business Cards
  • Handling Tough Situations
  • Following Up
  • Organizing Your Network
  • Leveraging the Internet
  • Workshop Wrap-Up

Module 10 - CRM (Customer Relationship Management)

This module covers the following key topics:

  • Different Faces of CRM
  • Evaluation Metrics
  • Privacy Issues
  • Requirement Driven Product Selection
  • Strategies for Customer Retention
  • Customer Scenarios
  • Selling CRM
  • Homegrown vs. Application Service Provider
  • The Development Team
  • Customer Life Cycles
  • Evaluating and Reviewing CRM

Module 11 - Key Account Management

This module covers the following key topics:

  • What is Key Account Management?
  • Advantages and Disadvantages of Key Account Management to Sellers
  • Advantages and Dangers of Key Account Management to Customers
  • Deciding Whether to use Key Account Management
  • Criteria for Selecting Key Accounts
  • The Tasks and Skills of Key Account Management
  • Global Account Management
  • Building Relationships with Key Accounts

Module 12 - Crisis Management

This module covers the following key topics:

  • What is Crisis Management?
  • Conducting the Crisis Audit?
  • Developing a Response Process

Module 13 - Risk Management

This unit covers the following key topics:

  • Introduction To Risk Management
  • Planning for Risk Management
  • Creating the Risk Management Plan
  • Examining the Risk Management Plan
  • Identifying Risks
  • Creating Risk Categories
  • Identifying the Project Risks
  • Plus more

Who is this course for?

Account Management

  • Candidates interested to start a career in Accountancy
  • Business owners seeking to look after their own accounts
  • Existing Accountancy workers in seeking for higher positions or promotion
  • Accountancy workers with no formal qualifications
  • Anyone wishing to boost their career prospects.

Requirements

Account Management

There is no particular entry requirement for Account Management course. We do not ask for any previous qualification or experience.

Option 1

Account Management Advanced Diploma QLS Level 7 endorsed by Quality Licence Scheme

Certificate Fee: £170 + postal charges

Option 2

Account Management Advanced Diploma issued by BOLC

PDF Certificate - FREE

Hard copy - £25 + postal charges

Option 3

CPD Accredited Certificate

(PDF format)=£30

(Hard copy)=£150 + postal charges

*Postage Charges: National £9, International £15

Career path

Account Management

After completing Account Management Diploma, Opportunities for employment may include working as an:

  • Accounts Assistant
  • Accounts Payable & Expenses Supervisor
  • Accounts Payable Clerk
  • Audit Trainee
  • Bookkeeper
  • Finance Assistant
  • Payroll Administrator / Supervisor
  • Tax Assistant / Accountant.
  • Accounting Clerk
  • Auditing Clerk
  • Accounts Receivable Clerk

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Reviews

5.0
Course rating
100%
Service
100%
Content
100%
Value

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.