Business Finance Course

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OCN Level 2 in  Business Finance 
Objectives
At the end of the course you will be able to:

Delivery:
  • Distance
Category:

Further Details



  • 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

Student Profile
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.
Study Method
The course is designed for study by distance learning at work or at home.  Students receive course manual, assignments and studyguide plus tutor support by mail and email.
Tutor Support
Students receive full tutor support by e-mail and post for a full 12 months from the day they receive the course.
Assignments
Assessment takes the form of a series of tutor marked assignments, which can be sent to the tutor by e-mail or post. There is no word count for these assignments however you have to prove to your tutor that you have fully understood the question asked. 
Course Outline
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








Guide Price: 285