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Certificate of Financial Management

$499.00

Course Outline and Topics

Course Overview

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.

Course Structure

Unit 1 - Provide financial and business performance information

  • Client expectations
  • Business objectives
  • Small, medium and large business
  • Financial institutions
  • Partnerships and trusts
  • Internal and external reports
  • Sole traders
  • Tax liabilities and obligations
  • Financial plan
  • Depreciation
  • Business structure and performance
  • Financial options and processes
  • Equity
  • Accounts receivable management
  • Business requirements
  • Working capital
  • Cash Flow Forecasting (CFF)
  • Budgeting
  • Revenue and expense controls
  • Net present values (NVP)
  • CEO’s and Financial Officers
  • Reconciliations
  • Statement of financial performance
  • Financial analysis techniques
  • Profitability and efficiency
  • Financial stability and potential
  • Estimate and projections
  • Debtor default
  • Short and long-term finance
  • Law and Ethics

Unit 2 - Provide management accounting information

  • Operating and cost data
  • Management accounting information
  • Recording transactions
  • Entering cash transactions
  • General ledger
  • Chart of Accounts
  • Preparing a journal entry
  • Good and services tax (GST)
  • Accrual accounting
  • Accuracy and reliability
  • Double entry accounting
  • Backup schedule
  • Coding and classifying data
  • Manufacturing costs
  • Actual and applied overheads
  • Overhead balances
  • Job costing
  • Labour and service costs
  • T accounts
  • Invoices
  • Claiming a GST credit
  • Non-cash transactions
  • Reconciliation procedures
  • Income statements
  • Profit and loss statements
  • Financial cost analysis
  • Cash flow statements
  • Formulating cost reports
  • Formulating cost reports
  • Cost budget
  • Materials used budget
  • Labour usage budget
  • Manufacturing overheads budget
  • Cost centres
  • Cost analysis and reporting
  • Breakeven analysis
  • Budget types
  • Cash flow budget
  • Cash surplus
  • Service cost analysis
  • Full cost accounting
  • Variances
  • Zero-based budgeting
  • Activity-based budgeting
  • Rules of accounting
  • Balance sheets
  • Depreciation
  • Standard cost accounting
  • Sales mix variance
  • Perpetual inventory system
  • Cost assignment
  • Law and Ethics

Assessment

Written assignments and exercises, including short-answer questions, reports/essays and projects. There are no examinations or due dates for assessment.

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Payment Information

Certificate Course

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Benefits

  • Recognised by employers as professional development;
  • Improve your employment opportunities;
  • Study online, anywhere via our elearning system;
  • Access to high-quality courses written by industry experts;
  • All course materials provided online – no textbooks to buy;
  • Unlimited tutor support;
  • Easy to understand course content;
  • Unlimited enrolment with no expiry;
  • Certificate of Attainment issued for your CV (hard copy provided); and
  • Course may be tax deductible; see your tax advisor.
SKU: C710007 Category:

Career Pathways

Future growth

Strong

Unemployment

Low

  • Financial Management Consultant
  • Financial Management Accountant
  • Finance Manager
  • Practice Manager
 
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  • Includes unlimited access
  • Full up-front payment only
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$499.00