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BUSINESS FINANCE PROFESSIONAL AWARD (ACCREDITED LEVEL 3)
 
BUSINESS FINANCE PROFESSIONAL AWARD (ACCREDITED LEVEL 3)
 
£385.00
 

COURSE CODE 327


 

Business Finance deals with the raising and managing of funds. Irrespective of the organisation's size, at some point in time, management will need to address the issues raised when attempting to secure funds for the organisation.

Fund management activities require financial forecasting. This forecasting allows the organisation to develop long term strategic plans for the organisation. Short-term budgets can then devised to meet the organisation's strategic goals.

This course is suitable for anybody who is interested in the financial aspects of an organisation and covers a broad range of relevant financial and managerial issues.

Course Syllabus

Unit 1 - Cost and Management Accounting

In this unit, you review the important role played by management accounting in the business world, for example, helping management in decision-making, policy formulation and the achievement of objectives. We contrast historical costing with predetermined costing and look at how costs are classified. This unit provides you with a brief introduction to cost and management accounting with particular attention being paid to absorption costing and marginal costing.

By the end of this unit you will have:

  • Explored costs and historical costs.
  • Investigated the methods employed by management to control costs.
  • Discussed the principles of marginal costing.
  • Defined the marginal cost equation.
  • Described the uses and limitations of break-even analysis.

Unit 2 - Budgetary Control

Budgetary control is a technique that is essential to the success and survival of any organisation, large or small. In this unit, we illustrate the principles, and what is considered to be good practice. We then consider the benefits of budgeting and follow with a concise appraisal of the rules for effective budgeting. We also produce budgeted profit and loss accounts and budgeted balance sheets, which, together with the cash budget, make up what many companies call the master budget.

By the end of this unit you will have:

  • Introduced the household budget.
  • Explored the benefits of budgeting.
  • Identified the rules for budgeting and budgetary control.
  • Examined cash budgets.
  • Discussed the behavioural implications of budgets.

Unit 3 - Introduction to Accounting

In this unit, we begin by looking at the background to accounting. We identify different types of business and organisations, and how accounting can serve their needs. We clarify the different areas of financial accounting, management or managerial accounting, and financial management. We consider the basic concepts, conventions and policies adopted when preparing financial statements. We explore the vital differences between profit, profitability and cash flow.

By the end of this unit you will have:

  • Introduced the accounting concept.
  • Explored the differences between financial and managerial accounting.
  • Identified the characteristics of accounting information.
  • Investigated the relationship between profit, profitability and cash.
  • Examined the fundamental accounting conventions and concepts.
  • Described the capital structure of a limited liability company.

Unit 4 - Working Capital Management

In this unit we look at the structure of working capital, the role of working capital management within corporate financial objectives. The significance of the production cycle and the financing cycle and their roles in the working capital cycle are investigated. We look critically at the traditional accounting approach to working capital management and specifically the concepts of solvency and liquidity.

 

Course Requirements

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

Qualifications

On completion of your course, you will receive two certificates:
Certificate 1 is issued by Stonebridge Associated Colleges: Business Finance Professional Diploma

Business Finance Professional Diploma issued by Stonebridge Associated Colleges, to view a sample of the college’s award, please click here.
Certificate 2 is issued by ABC Awards: Level 3 Business Finance Professional Certificate of Achievement

At the end of this course successful learners will receive a Certificate of Achievement by ABC Awards and a Learner Unit Summary (which lists the details of all the units you have completed as part of your course).

The course has been endorsed under the ABC Awards’ Quality Licence Scheme. This means that Stonebridge Associated Colleges have undergone an external quality check to ensure that the organisation and the courses it offers, meet certain quality criteria. The completion of this course alone does not lead to an Ofqual regulated qualification but may be used as evidence of knowledge and skills towards regulated qualifications in the future. The unit summary can be used as evidence towards Recognition of Prior Learning if you wish to progress your studies in this sector. To this end the learning outcomes of the course have been benchmarked at Level 3 against level descriptors published by Ofqual, to indicate the depth of study and level of difficulty involved in successful completion by the learner.

The course itself has been designed by Stonebridge Associated Colleges to meet specific learners’ or employers’ requirements. ABC Awards’ endorsement involves a robust and rigorous quality audit by external inspectors to ensure quality is consistently met. A regular review of courses is carried out as part of the endorsement process.

Who are ABC



ABC Awards is a leading national Awarding Organisation, regulated by Ofqual, and the Welsh Government[1]. They have a comprehensive portfolio of over 650 Ofqual regulated qualifications on the national Qualifications and Credit framework (QCF). It has a long-established reputation for developing and awarding high quality vocational qualifications across a wide range of industries. As a registered charity, ABC Awards combines 180 years of examination and assessment expertise but also implements a responsive, flexible and innovative approach to the needs of our customers.

Renowned for excellent customer service, and quality standards, ABC Awards also offers over 600 Ofqual regulated qualifications for all ages and abilities post-14; all are developed with the support of relevant stakeholders to ensure that they meet the needs and standards of employers across the UK.



Advantages of this distance learning course:
  • Home Study: you declare when you study, no need to attend class at fixed times and fixed dates. Your study hours fit around you!
  • We will post all the beautifully printed course materials to you. Everything is written in a clear and easy-to-understand format.
  • Start this course anytime of the year! No need to wait until the new academic year starts. Enroll today so soon you'll start improving your CV or re-skill for your new career.
  • Create your own study routine, learn at your own pace, complete your course as quickly or slowly as your circumstance dictate.
  • Your home learning is totally supported by experienced tutors who guide, encourage and assess your progress. You will not be alone because all our tutors are friendly and approachable.


BUSINESS FINANCE PROFESSIONAL AWARD (ACCREDITED LEVEL 3)
 
BUSINESS FINANCE PROFESSIONAL AWARD (ACCREDITED LEVEL 3)
 
 
£385.00
 

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Questions about this course? Contact Student Support / Course Advisors

Enrol by phone: call 0845 65 22 187 quote course code 327

Enrol by post: print this postal form.

http://www.ukdistancelearningcollege.com/web/p327


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