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Finance: Financial Training

Level 7 Advanced Diploma *Complete Course* | *FREE PDF Certificate* |170 CPD Credits | *Free Bookkeeping Course*


CPD Courses

Summary

Price
£12 inc VAT
Study method
Online
Duration
620 hours · Self-paced
Qualification
No formal qualification
CPD
170 CPD hours / points
Achievement
Additional info
  • Tutor is available to students

26 students purchased this course

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Overview

Finance: Financial Training

Accounting & Finance Diploma QLS Level 7. Diploma of achievement in Finance: Financial Training Management . Additional CPD Accredited Accounting & Finance Certificate with 170 CPD points available without extra study. This Finance: Financial Training course comes with easy to understand e-learning study materials.

Endorsed Certificate of achievement. Finance: Financial Training is of great interest to business professionals and entrepreneurs interested to get a thorough introduction to Finance: Financial Training practices and theory and to all learners wishing to take Accounting Management as a future career. Accounting Management helps businesses to measure, monitor and plan their operations. Account Management Level 7 has been planned for newcomers to deliver an perceptive introduction to business Accounting Management as both a idea and a occupation. This superior Finance: Financial Training Diploma Level 7 might make all the modification!

This is all done by the Accountants who by recording, classifying and summarising data can tell how the business is performing financially. Good Accounting practices and procedures are needed in every business. Accounting 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.

Finance: Financial Training

Finance: Financial Training 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, you will learn how each step is completed.

Finance: Financial Training - Course 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

Finance: Financial Training - Course Material

All course materials are included in the 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 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

Finance: Financial Training - Course assessment

You will be continually assessed throughout the Accounting & Finance - Level 7 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.

Finance: Financial Training - Tutor Support

When you enrol on a course with CPD 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.

Finance: Financial Training - Learning Outcomes

On Accounting & Finance - Level 7 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.

Achievement

CPD

170 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Finance: Financial Training

Course Syllabus

The Diploma Level 7 consists of the following units:

Unit 1 - Introduction to Accounting

This Finance: Financial Training unit covers the following key topics:

  • Finance: Financial Training
  • Accounting
  • Objectives of Accounting
  • Scope of Accounting
  • Functions of Accounting
  • Advantages of Accounting
  • Limitations of Accounting
  • Evolution of Modern Accounting
  • Branches of Accounting
  • Modern View of Accounting
  • Accounting Cycle

Unit 2 - The Role of an Accountant

This Finance: Financial Training unit covers the following key topics:

  • Role of an Accountant
  • Methods of Accounting
  • Debit and Credit
  • Types of Accounts
  • Organisation for Finance: Financial Training
  • Bases of Accounting
  • Accounting Terminology

Unit 3 - Accounting Concepts and Standards

This Finance: Financial Training unit covers the following key topics:

  • Concepts of accounting
  • Accounting Framework
  • Standards of accounting

Unit 4 - Journals and Subsidiary Books

This Finance: Financial Training unit covers the following key topics:

  • Journal And Subsidiary
  • Advantages of Journal
  • Sub-Division of Journal
  • Ledger
  • Distinction between Journal and Ledger
  • Subsidiary Books
  • Basic Document for Subsidiary Books
  • Advantage of Subsidiary Books
  • Imprest System

Unit 5 Bookkeeping

This Finance: Financial Training unit covers the following key topics:

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

Unit 6 Payroll Accounting Terminology

This Finance: Financial Training unit covers the following key topics:

  • Gross Wages
  • Net Wages
  • Employee Tax Withholding’s
  • Employer Tax Expenses
  • Employee Payroll
  • Tracking Accrued Leave

Unit 7 - Profit And Loss Accounts

This Finance: Financial Training unit covers the following key topics:

  • Statement of Profit and Loss
  • Measurement of Income
  • Preparation of Profit or Loss Account

Unit 8 - Balance Sheet

This Finance: Financial Training unit covers the following key topics:

  • Balance Sheet
  • Assets
  • Analyze a Balance Sheet
  • Current Ratio
  • Quick Ratio
  • Working Capital
  • Debt/Worth Ratio

Unit 9 - Cash Flow Statements

This Finance: Financial Training unit covers the following key topics:

  • Cash Flow
  • Initial Investment
  • Cash
  • Receivables
  • Sources of Funds
  • Funds from Operations
  • Uses and Application of Funds

Unit 10 - Variance Analysis

This Finance: Financial Training unit covers the following key topics:

  • Variance
  • Types of Variance
  • Control of Variances
  • Variance Reporting

Unit 11 - Ratio Analysis

This Finance: Financial Training unit covers the following key topics:

  • Classification of Ratio
  • Norms for Evaluation
  • Managerial Uses of The Primary Ratio

Unit 12- Financial Management

This Finance: Financial Training unit covers the following key topics:

  • Scope of Financial Management
  • Finance Functions
  • Finance and Accounting

Unit 13 - Management of Working Capital

  • Significance of Working Capital
  • Operating Cycle
  • Kinds of Working Capital
  • Efficiency Criteria

Unit 14 Financial Planning, Budgeting and Control

This Finance: Financial Training unit covers the following key topics:

  • Financial Planning
  • Budget
  • Budgetary Control
  • Cash Budget

Unit 15- Investment Methods

  • Project Report
  • Methods of Appraisal
  • Depreciation, Tax, and Inflows
  • Cost of Capital

Unit 16 End of Period Procedures

  • Depreciating Your Assets
  • Reconciling Cash
  • Reconciling Investments

Unit 17 Auditing

  • What is an Audit?
  • Internal Audit
  • External Audit

Who is this course for?

Finance: Financial Training

  • 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

Finance: Financial Training

There is no particular entry requirement.

Option 1

Accounting and Finance Diploma QLS Level 7 endorsed by Quality Licence Scheme

Certificate Fee: £170 + postal charges

Option 2

Accounting and Finance Diploma issued by CPD

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

Finance: Financial Training

After completing Accounting and Finance Level 7, Opportunities for employment may include working as an:

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

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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.