Business finance course: This home learning course in Business finance is aimed at students wishing to gain the understanding of running a business. You will learn how to: Define the need for bookkeeping Describe common bookkeeping methods Understand credit control techniques and methods Devise debt recovery procedures Understand costing and pricing models and methods Conduct break even analysis Prepare a trading budget Managing cash and cash flow Compose basic financial reports Course fees: £279.00 if paid in full. Pay monthly option: £79 Deposit followed by 5 monthly payments of £50.00. (Total fees of £329.00) Call in for guaranteed payment plan. Entry requirements: There are no previous skills or qualifications required to register for this study programme. Support: All students will be assigned a personal tutor with whom they may correspond with via telephone or email. Details will be in your course study pack. Duration: All students have one year to complete this course from date of registration. Average study of 60 hours. Provided materials:
Your study pack is dispatched in full at the time of enrolment and provides all you need to complete your studies
Course syllabus
Module 1: Bookkeeping Why keep books? Bookkeeping methods Introduction to VAT The analysed cash book Sales and purchase day books Reconciling the bank account Double entry bookkeeping Single entry systems Module 2: 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 3: Costing and pricing Pricing a product Costing a product Pricing a service Break even analysis Contribution theory Absoption costing Module 4: Management accounting Budgets Cashflow Managing cash The trading budget The profit and loss account Management reports Manual accounting records Computerised accounting records Breakeven analysis Examination: No examination is necessary Assessment method: This course is completed using continual assessment, allowing your tutor to closely monitor your progress every step of the way. Therefore no examination is required. Qualification: OCN Level 2 in Business Finance This course is validated by OCNNWR and provides 6 credits. These can be accumulated with other course or unit credits over a period of time which can lead to an accredited qualification. The course is provided by Study House which is a recognised centre for courses validated by OCNNWR. OCNNWR provides validated courses through its provider organisations which must meet robust quality assurance standards. It is a licenced member of NOCN which is an approved awarding body licenced by QCA to offer accredited qualifications
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