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Credit Control Training Courses

CPD Accredited | 3-in-1 Cost Effective Bundle | 3 Free PDF Certificates | 1 Free Hard Copy Certificate | 100% Pass Rate


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Summary

Price
£29 inc VAT
Study method
Online
Course format What's this?
Video
Duration
11 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
30 CPD hours / points
Certificates
  • Certificate of completion - Free
  • Hard copy certificate - Free
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Credit control is a crucial aspect of any business that involves managing finances, and making sure that credit is given to customers who are likely to pay back their debts. It consists of monitoring and managing a business's cash flow to ensure that debts are paid on time and reduce the risk of bad debts. Without effective credit control, a business can suffer significant losses and may even become insolvent.

Credit control requires a deep understanding of financial analysis, including the balance sheet, income statement, and cash flow statement. These financial statements provide insights into a company's financial health, profitability, and liquidity, all critical factors in assessing creditworthiness.

In addition to financial analysis, credit control also involves credit analysis, equity analysis, and ratio analysis. These techniques are used to evaluate the creditworthiness of potential customers and assess the risk of lending to them. Credit control also involves managing credit limits, setting payment terms, and monitoring cash flow to ensure that debts are paid on time.

Overall, credit control is a challenging but essential aspect of any business that requires a strong financial background and analytical skills. It is a rewarding career path for those interested in finance and accounting, as it provides opportunities to work in a variety of industries and to make a significant impact on a business's financial health.

This Credit Control Bundle Consists of the Following Courses:

  • Course 01 : Credit Analyst
  • Course 02 : Banking and Finance Accounting
  • Course 03 : Investment Banking

Make the wisest investment of your life right now by adding this Credit Control online course to your cart.

Learning Outcomes:

By the end of this course, learners will be able to:

  • Understand the role of credit control in a business
  • Analyse financial statements to assess a company's financial health
  • Evaluate the creditworthiness of potential customers
  • Manage credit limits and set payment terms
  • Monitor cash flow to ensure debts are paid on time
  • Use ratio analysis to evaluate a company's financial performance

Key features of the Credit Control course:

  • 3 Free Certificates
  • 1 Hard Copy Certificate for the Credit Control course
  • Interactive Video Lessons
  • Lifetime Access to Credit Control course

CPD

30 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

This Credit Control course covers ten modules that provide learners with a comprehensive understanding of credit control and its role in a business. The course begins with an introduction to financial analysis and the importance of understanding financial statements. Learners will then delve into the balance sheet, income statement, and cash flow statement, learning how to analyse these statements to assess a company's financial health.

The course then moves on to financial reporting, profitability analysis, and the applications and limitations of EBITDA. Learners will also study credit analysis, equity analysis, and ratio analysis, gaining the skills needed to evaluate a company's creditworthiness and financial performance.

Throughout the course, learners will develop practical skills in credit control, including managing credit limits, setting payment terms, and monitoring cash flow to ensure debts are paid on time. By the end of the course, learners will have a deep understanding of credit control and the tools and techniques used to manage it effectively.

Assessment

Following completion of all modules of the Credit Control, your learning will be assessed by an assignment or multiple-choice test. You may select to take a Mock Exam before taking the Credit Control course completion Final Exam with no additional cost.

Who is this course for?

  • Business owners looking to improve their credit control practices
  • Investors looking to make informed decisions about lending and borrowing money
  • Individuals looking to gain a better understanding of credit control

Requirements

No prior qualifications are needed for Learners to enrol on this Credit Control course.

Career path

The Credit Control course opens up a variety of career paths in finance and accounting. Some potential roles and expected salaries in the UK include:

  • Credit Controller - £20,000 - £30,000 per year
  • Credit Analyst - £25,000 - £45,000 per year
  • Credit Manager - £30,000 - £70,000 per year
  • Finance Manager - £40,000 - £80,000 per year
  • Financial Controller - £50,000 - £100,000 per year

Questions and answers


No questions or answers found containing ''.


imoh asked:

what's the duration pf the course

Answer:

Hi Imoh, Good Afternoon. The estimated total duration of the course is 11 hours. But you can study at your own pace as it is fully online.

This was helpful. Thank you for your feedback.

Certificates

Certificate of completion

Digital certificate - Included

This course comes with Free CPD Accredited PDF Certificates.

Hard copy certificate

Hard copy certificate - Included

Get a CPD Accredited Hard copy certificate for Free Credit Analyst. Only Delivery charge is applicable for Hard copy certificate, which is £3.99

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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.