This programme is designed for people seeking to understand and apply the principles of finance and financial control of a business. The course is particularly suited to the general manager with responsibility for a small organisation or a department, needing a broad understanding of a range of financial planning and management techniques.

At the end of the course you will be able to:

● Define the need for keeping books
● Describe common book-keeping methods
● Understand credit control techniques and methods
● Devise debt recovery procedures
● Understand costing and pricing models and methods
● Conduct break even analyses
● Prepare a trading budget
● Manage cash and cashflow
● Compose basic financial reports

Module A: book-keeping

● Why keep books?
● Book-keeping methods
● Introduction to VAT
● The analysed cash book
● Sales and purchase day books
● Reconciling the bank account
● Double entry book-keeping
● Single entry systems

Module B: Credit Control

● Cracking the credit problem
● Is my customer credit worthy?
● Credit control routines
● Debt recovery through the courts
● Statutory demands, insolvency and bankruptcy
● VAT and tax relief for bad debts

Module C: Costing & Pricing

● Pricing a product
● Costing a product
● Pricing a service
● Break even analysis
● Contribution theory
● Absorption costing

Module D: Management Accounting

● Budgets
● Cashflow
● Managing cash
● The trading budget
● The profit & loss account
● Management reports
● Manual accounting records
● Computerised accounting records
●Breakeven analysis

On completion of your course, you will receive two qualifications:

Qualification 1: Business Finance Certificate

Business Finance Certificate issued by Stonebridge Associated Colleges, entitling you to use the letters SAC Cert after your name.

Qualification 2: Business Finance Certificate of Completion

Business Finance Certificate of Completion issued by eLearn Canada.

This Course leads to an NCFE Level 2 Award Certificate for successful learners. This award has been designed to meet specific learners or employers requirements. Accreditation by NCFE is a guarantee of quality. It means that this learning programme has been scrutinised and approved by an independent panel of experienced educational professionals and is quality audited biannually by NCFE.

This course is an online course. With online study you have access to your entire course from the start of your studies. You can access your course materials, and submit all of your question papers to your personal tutor, online from anywhere in the World using your unique student account.

Tutor Support

With this course you will have unlimited access to your own personal tutor who specialises in their field of study. It is your personal tutor's role to ensure that you receive constructive feedback and to deal with any queries you may have. You are more than welcome to telephone, fax or email your personal tutor. You will also have access to a dedicated and friendly team of administrators and course advisors who offer sound and professional guidance and advice when you need it. This ensures that you will never feel neglected and that you will always succeed!

Requirements for Entry

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Study Hours

This is only an approximate figure and is dependant upon how much time you can dedicate to your studies and how well you grasp the learning concepts in the course material. Furthermore, at the end of each lesson there is a question paper that needs to be completed and returned to your tutor. You should allow at least 1 - 2 hours of study to complete each question paper. The approximate amount of time required to complete the course is: 100 hrs.

Additional Information

Assessment Method After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course. What's Included All study materials Study Guide Full Tutor and Admin support Tuition & Fees 625.00 CAD   Related Business Courses Introduction to Business Creating a Successful Business Plan Start Your Own Small Business Business Marketing Writing Building Wealth Employment Law Fundamentals Accounting Fundamentals Introduction to Business Analysis Introduction to Microsoft Excel 2007 Marketing Your Business on the Internet Introduction to QuickBooks 2007 Start and Operate your own Home-Based Business Workers' Compensation