Financial management is an essential skill for managers across all business functions, as maintaining a department budget is a common responsibility. It’s also important knowledge for individual financial health, from investment planning to household budgeting and operating your own business.
The Certificate of Financial Management is an online professional development course, designed to provide you with knowledge of financial management as it applies to the environment of business and finance.
Throughout this finance management course, you will gain the knowledge required to analyse and report on a broad range of financial and business performance information. This online course also encompasses assessing clients’ needs, whether internal or external, analysing data, preparing financial management advice and delivering financial reports to meet organisational objectives.
On completion of this course, you’ll feel confident in the essential facets of financial management for business and financial environments.
Unit 1 - Provide financial and business performance information
Small, medium and large business
Partnerships and trusts
Internal and external reports
Tax liabilities and obligations
Business structure and performance
Financial options and processes
Accounts receivable management
Cash Flow Forecasting (CFF)
Revenue and expense controls
Net present values (NVP)
CEO’s and Financial Officers
Statement of financial performance
Financial analysis techniques
Profitability and efficiency
Financial stability and potential
Estimate and projections
Short and long-term finance
Law and Ethics
Unit 2 - Provide management accounting information
Operating and cost data
Management accounting information
Entering cash transactions
Chart of Accounts
Preparing a journal entry
Good and services tax (GST)
Accuracy and reliability
Double entry accounting
Coding and classifying data
Actual and applied overheads
Labour and service costs
Claiming a GST credit
Profit and loss statements
Financial cost analysis
Cash flow statements
Formulating cost reports
Formulating cost reports
Materials used budget
Labour usage budget
Manufacturing overheads budget
Cost analysis and reporting
Cash flow budget
Service cost analysis
Full cost accounting
Rules of accounting
Standard cost accounting
Sales mix variance
Perpetual inventory system
Law and Ethics
Unit 3 - Manage budgets and financial plans
Access budgets and clarify financial plans
Evaluating a budget
Clarify financial plans
Negotiate changes to financial plans
Communicating budgets and plans to team members
Providing support to others
Systems and training
Monitor expenditure and control costs
Reporting the budget and expenditure
Graphs and charts and extracting information
Reviews and improvements
Improvements to financial management processes
Implementing and evaluating improvements
Basic accounting principles
Debits and credits
The account equation
Types of budgets and financial plans
Legislation and ATO requirements
List of taxation types
Financial record keeping
Records required by ATO
Auditing and legal requirements
Managing work teams
Estimated duration 45 hours
Course Delivery and Start
Start anytime, self-paced and 100% online
Assessment will be comprised of written exercises, including short-answer questions, reflective tasks, short reports and/or projects. There are no examinations or due dates for assessment. As a result, you can complete training in your own time and at your own pace with the assistance of unlimited tutor support.
Great experience and sufficient knowledge
N. Al-Thaher, North Kellyville, NSW | Certificate of Financial Management
Good course to study, friendly and great tutor support
C. Brant, Bendigo, VIC | Certificate of Financial Management
I was satisfied with the course, I will most likely enrol in another course
A.Phillips-Jones, Halls Head, WA | Certificate of Financial Management
I enjoyed the structure for learning and the patience of the tutors.
T. Angeles, Varsity Lakes, QLD | Certificate of Financial Management
Studying with Australian Online Courses gave me the flexibility to complete field studies, tasks and assignments in my own time. I did not feel pressured at any time during my course to submit work until I was completely satisfied with my work. The course material was well presented and easy to follow. I would highly recommend Australian Online Courses to anyone who is looking to undertake online study with such a helpful and professional organisation. Thanks again.
J, Christmass, Madeley, WA
I have experienced: i) Extremely efficient online learning. ii) Quick marking ‘turn-around’ times. iii) Tutors who have been wonderfully approachable and helpful with any queries and concerns regarding course enrollment, assessments and/or subject matter. Overall, I am very satisfied with learning via Australian Online Courses. Thank you.
C, Garson, Toowoomba, QLD
Fantastic experience and was able to gain lots of knowledge.
J. Peirce, Busby, NSW
I have learnt a lot from this course. This course has helped me to manage my anger issues and look at things from a different perspective. I have learnt that my anger and the behaviour can affect others. I have learnt new ways on controlling and managing my emotions and anger. This is the first time i have attended an anger management course. I wish I had done this course earlier.
B. Murphy, Concord, NSW
The course content was relevant, interesting and appropriately paced.
K. Scott, Peachester, QLD
My experience was Australian Online Courses was excellent. I could complete the work at my own pace using the provided materials which were in a easy to access spot. The education has helped me formulate ideas for progressing a project I am currently trying to develop. Overall I am very satisfied with what I have experienced.
N. Haydon, Mount Peter, QLD
It was a very informative platform. The study material is very useful and assignments are practical based real life situations. I learned a lot and I try my best to improve myself with the help of this course.
A.Singh, Hoppers Crossing, VIC
I completed this course to develop my knowledge and skillset in policy development in hopes of progressing my career. Online study works best for me to allow me to continue working full time, and studying when it suits me. Assessments were marked quickly, and the content was engaging and beneficial. Thank you to AOC
S. Littlehales-Adey, Everton Hills, QLD
I enjoyed studying and I’m going to enroll for another course. The tutor was great and it was easy to understand.
A, Egia, Gatton, QLD
The best institute I have ever come through. Looking forward to enrolling in few other courses for a refresher.
M, Hussein, Fiji
I was grateful to be able to study at my own pace, so I could stop and start when I chose and be able to keep up with other commitments. I also appreciated the tutors responding to my queries in a timely manner.
M, Minchin, Wellard, WA
I have thoroughly enjoyed completing this course. I’ve learnt many valuable new skills, which will assist me in advancing my career. Thank you!
T. A, Waterson, Kellyville, NSW
It was amazing experience to do online course with this organisation. Everything comes very smooth and the portal is very user friendly.
Z, Yuan, Melrose Park, NSW
loved studying Australian Online Courses. The fact that you are able to complete the course and assessment in your own time is amazing! I started this course when I was heavily pregnant with my first child and have now completed it 6 months after he was born due to the fact that it is at your own pace!
B, Carr, Gold Coast, QLD
I absolutely loved it! It was easy to pick up so that I could learn and start a new career.
G, Moore, Cranbourne North, VIC
AOC was great. Study content was great and gave me all necessary information to complete the assessments and also gain a great understanding of the units. I also dealt with AOC support to extend my course and it was such an easy process and I was so glad to be able to do that without any issues.
A, Spezza, Hadfield, VIC
I loved my experience studying with Australian Online Courses.
K. Sclippa, Mareeba, QLD
Amazing learning opportunity, I love that I can complete the course at my own pace. The learning and the assignments provided me with a lot of insight and knowledge for my future career.
D. Drube, Singapore
My experience for studying with Australian Online Courses was excellent. All the information supplied to me was easy to understand. I would definitely come back to you to study another course if needed, in the future. Highly recommend.
E. Pearce, Advancetown, QLD
My experience with Australian online courses has been fantastic, I would highly recommend them to everyone I know. Professional and extremely helpful staff make studying online so much easier. I definitely would chose to study with Australian Online Courses again.
To enrol multiple staff, please complete the Employer Enrolment Form. We’ll be in touch within 60 minutes during business hours!
Visa, Mastercard, BPAY and Direct Deposit.
Why Choose Australian Online Courses?
Professional development that is widely recognised and respected;
Improve your employment opportunities;
Study online, anywhere via our elearning system;
High-quality professional development programs written by industry experts;
All course materials provided online – no textbooks to buy;
Unlimited tutor support via email;
We offer twelve (12) months’ access, with extensions available upon application (fees apply);
Course may be tax deductible; see your tax advisor.
Are there any entry requirements or pre-requisites?
There are no course or subject pre-requisites for entry into our programs. However, our professional development programs are generally intended for people over the age of 18. In some circumstances, enrolments from younger people may be considered. Please complete the AOC Parent Guardian Consent Form prior to enrolling and submit here.
When can I start this course?
You can start within 60 minutes during business hours when you enrol and pay in full with a credit card!
Credit card: Within 60 mins during business hours.
BPAY: Within 1-2 working days.
Internet Banking: Within 1-2 working days.
Cheque/Money Order: Upon receipt of mailed cheque.
How is this course delivered?
This course is delivered online via our easy-to-navigate Learning Management System (LMS), where you will discover interactive online learning/written content, resources and assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our LMS and there are no work placement requirements in this course.
What support can I expect from Australian Online Courses?
Unlimited tutor support is available throughout your studies via email only during business hours Monday to Friday. Our Administrative team are available Monday to Friday via email, live chat and telephone.
I am an international student. Can I enrol into this course?
Yes! We accept enrolments from individuals both within Australia and internationally; location is no barrier to entry into our programs.