Business Finance Course

Are you planning your own business? Setting out on a career in management? Keen to get a promotion? Then this course in Business Finance may help.

It takes you through everything from book keeping, credit control and costing to management accounting. This course will build your financial skills as well as making you more aware of how a business holistically functions.

We have designed the course with you at heart separating each section into bite sized modules, so studying can easily fit into your busy life. Plus don’t forget our tutors are with you every step of the way. So Start Learning today!

Distance Learning Support

At Start Learning we pride ourselves on our friendly and supportive tutors. Your tutor support will start as soon as you receive your course and will be valid for 12 months. All our tutors are highly qualified with extensive experience in supporting distance learning students. You contact your tutor via email and they are responsible for marking assignments answering your questions and guiding you through the course.

Entry Requirements

There are no entry requirements for this course. At Start Learning we believe that everyone should have the opportunity to expand their knowledge and study further, so we try to keep our entry requirements to a minimum.

Recommended Hours of Study

We recommended you spend approximately 110 hours of your time studying for the Business Finance course. The pace of study is completely up to you. To give an example, if you dedicate 2 hours a week to the course it would take you a year to complete but if you could spare 4 hours a week you could complete it in six months.

Course Contents

Unit 1 - 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

Unit 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

Unit 3 - Costing & Pricing: Pricing a product - Costing a product - Pricing a service - Break even analysis - Contribution theory - Absorption costing

Unit 4 - Management Accounting: Budgets - Cashflow - Managing cash - The trading budget - The profit & loss account - Management reports - Manual accounting records - Computerised accounting records - Breakeven analysis

Qualifications

Upon successful completion of this course, you will receive a Level 2 NCFE Award certificate in Business Finance.

Awarding Body Information

NCFE is recognised as an awarding body by the qualification regulators ('regulators') for England, Wales and Northern Ireland. The regulators are the Office of the Qualifications and Examinations Regulator (Ofqual) in England, the Department for Children, Education, Lifelong Learning and Skills (DCELLS) in Wales and the Council for Curriculum, Examinations and Assessment (CCEA) in Northern Ireland. The course is recognised in Scotland by the SQA (Scottish Qualifications Authority).

Language of Course

English

Assessment

This course is marked through a process of continuous assessment guided by your tutor following NCFE guidelines. This means that your qualification will be awarded according to your performance on assessments rather than by taking an exam.