Diploma in Current Assets Management - Level 3

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£12 inc VAT (was £399)
Offer ends 03 December 2020
Study method
Online, self-paced
10 hours
Access to content
365 days
No formal qualification
7 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Certificate of completion available and is included in the price
  • TOTUM card is available to purchase separately What's this?

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The Diploma in Current Assets Management – Level 3 is designed to teach learners with the fundamental skills of asset management. The course will equip you with the knowledge and best practices of asset management to ensure the organisation derives the best value. Acquiring knowledge in this field will give you a competitive advantage in a professional sector. You will learn to become a practitioner in asset management and have an in-depth understanding of asset value.

The course is extensive and will cover key modules such as special issues for merchants, alternative inventory system, income statement enhancements and the control structure. Each module is discussed thoroughly to ensure learners gain an in-depth understanding of the subject matter.

The Diploma in Current Assets Management – Level 3 is highly beneficial to individuals working in the finance industry and will get learners acquainted with inventory costing methods. Getting qualified will further improve your opportunities of career progression, and having this certification on your resume will demonstrate to employers that you have expanded your skills and expertise in this area.

Free E-certificate (No additional cost for E-certificates)


7 CPD hours / points
Accredited by The CPD Certification Service

Course media


Why should you consider 1Training?

As improvements and advancements are made in technology, online courses are no longer just conventional means of studying at affordable costs. In many aspects online training offers superiority to traditional learning. There is an effectiveness and convenience that traditional learning cannot provide. The overall convenience and flexibility makes it a superior learning method.

1Training offers the most convenient path to gain an internationally recognised qualification that will give you the opportunity to put into practice your skill and expertise in an enterprise or corporate environment. You can study at your own pace at 1Training and you will be provided with all the necessary material, tutorials, qualified course instructor and multiple free resources which include Free CV writing pack, Nus Discounted Card, Free career support and course demo to make your learning experience enriching and more rewarding.

What will I Learn?

  • Understand purchase considerations for merchandising businesses
  • Learn about cash management
  • Become thorough in handling petty cash and bank reconciliation
  • Learn of the costs and benefits of selling on credit
  • Learn about trading securities

Access Duration

The course will be directly delivered to you, and you have 12 months access to the online learning platform from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the study sessions at any time.

Course Curriculum

1: Special Issues for Merchants

2: Purchase Considerations for Merchandising Business

3: Alternative Inventory System

4: Income Statement Enhancements

5: The Control Structure

6: Cash and Highly

7: Cash Management

8: Bank Reconciliation

9: Petty Cash

10: Trading Securities

11: The Costs and Benefits of Selling on Credit

12: Accounting for Uncollectible Receivables

13: Alternative Approaches for Uncollectibles

14: Notes Receivable

15: The Components of Inventory

16: Inventory Costing Methods

17: Perpetual Inventory Systems

18: Lower of Cost or Market Adjustments

19: Inventory Estimation Techniques

20: Inventory Management

21: Inventory Errors

Method of Assessment

In order to complete the Diploma in Current Assets Management – Level 3, learners will have to take a mock exam and final exam.

  • No. of Questions: 30
  • Exam Duration: 40 minutes
  • Exam format: multiple questions

Who is this course for?

  • Asset Manager
  • Accounting Manager
  • Asset Controller
  • Finance Manager
  • Inventory Manager


  • All learners should be over the age of 16 and have a basic understanding of Maths, English and ICT.
  • A sound educational background is an advantage.

Career path

  • Asset Manager
  • Accounting Manager
  • Asset Controller
  • Finance Manager

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What does study method mean?

Study method describes the format in which the course will be delivered. At 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.

What are CPD hours/points?

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, many of which can be completed online.

What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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 ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.


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