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
When you study with Australian Online Courses, you will be assessed using a competency-based training method.
Competency-based training focuses on the achievement of skills and knowledge against set criteria to meet industry-standard and is not benchmarked against other students’ work.
In this course, the assessment will be comprised of written assignments and exercises, which may include short answer questions, reports, essays, research projects and reflective tasks.
If you do not achieve a competency result on your first attempt, you have two more attempts to pass your assessment. So, you have three attempts in total to obtain a competency result.
In this way, you can complete your course in your own time and at your own pace with the assistance of unlimited tutor support.
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;
No entry requirements;
All course materials provided online – no textbooks to buy;
Unlimited tutor support;
Easy to understand course content;
Twelve (12) months’ access, with extensions available upon application (fees apply);
Certificate of Attainment/Completion issued for your CV (hard copy provided); and
Course may be tax deductible; see your tax advisor.
How long will it take to complete this course?
The approximate study hours for this course is 30 hours. Twelve (12) months’ access, with extensions available upon application (fees apply).
Can I purchase optional printed materials?
Yes! The cost for printed materials for this course is $50 per unit.Total cost for optional printed materials is: $100.00. Printed materials are optional and not required to complete the course. Everything you need to complete the course is provided online via our e-learning system.
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.
Will I receive a certificate upon completion of this course?
Yes! You will receive a Certificate of Attainment upon successful completion of your assessment.
Do I need to attend classes or undertake any work placements?
No. All courses are delivered online via our e-learning system 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 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.