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Date: 05/02/2012

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Home Page - Business Practices - Business Finance NCFE Level 2

"Business Finance NCFE Level 2"

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Inc P&P: £230.00

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Student Profile
This programme is designed for people who wish to gain an understanding of principles and practice of Business Finance. No prior knowledge is required.

The objectives of the course are to:
· Define the need for keeping books
· Describe common bookkeeping 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

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. You can start at any time and plan your studies over a period of up to one year from the time of enrolment.

Each element is followed by a written assignment, which is submitted and marked by your tutor. There is no external examination required.

At the end of this course successful learners will receive a level 2 NCFE Award certificate of achievement.
That means that it is independently accredited at a level of learning equivalent to level 2 on the National Qualifications Framework (NQF) for England, Wales and Northern Ireland. The course is provided in conjunction with Kendal Publishing Limited – a licenced NCFE centre.

NCFE is recognised as an awarding body by the qualification 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

Students may register at any time and have a full year to complete their studies. The course will take around 60 hours of study to complete.

Your study pack is dispatched in full at the time of enrolment and provides all you need to complete your studies:
· Studyguide
· Comprehensive study notes for each element of the course
· Self-assessment activities
· Assignments
· Tutor support
· Assignment marking & feedback
· Certification

The course is divided up into four modules, as follows:

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

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

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

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

Inc P&P: £230.00