Mydistance Learning College Distance Learning MD00081 4.5 stars, based on 90 reviews Regular price: £319.00 £274.00 In stock! Order now!
Overview
 

Prior study is not a prerequisite - you just need a passion for the subject matter!

A crucial part of running any profitable business is managing lines of credit effectively. Remember, a sale is not a sale until it's paid for. Businesses operating in the Western world extend credit terms to a large number of their customers, and many collapse because they have not put in place effective credit control systems to make sure they get paid. On paper the business appears to have a fantastic sales record, but simply runs out of cash because customers are slow to pay or don't pay. Credit management, and credit control is covered in some detail, and for many business owners will be the most useful aspect of it.

One of the most interesting and enlightening modules is towards the end of the materials, when you've already gained the knowledge to appreciate the concepts taught, which is break even analysis.

MATERIALS
 

One of the key benefits of studying with My Distance Learning College is that, unlike other distance learning providers, we deliver the entire package of learning materials in a single dispatch.

This enables our students to get a real feel for the overall structure and content of the study pack, and chart their progress much more effectively. The modular method of delivery favoured by other providers fragments the learning process and actively prevents students from moving faster through sections they are more confident with, or taking more time over the deeper concepts that require more thought and comprehension.

REQUIREMENTS
 

A reasonable level of literacy is required, but there are no entry restrictions.

You just need a keen interest in the subject, and will ideally have studied the subject or ancillary disciplines at a lower level if you want to progress quickly.

Non-Regulated Qualification Endorsed by Focus Awards under the FQP Scheme
 

This is a non-regulated qualification endorsed by Focus Awards under their Focus on Quality Provision (FQP) Scheme.

Focus Awards is a member of the Federation of Awarding Bodies (FAB) and is regulated by Ofqual. Established 2011, Focus Awards is founded on three core values – Honesty, Integrity and Fairness – that underpin everything they do.

The FQP scheme is designed to give endorsement to non-regulated qualifications in a wide range of subjects. On successful completion you will receive a Focus Awards Certificate of Achievement and a Diploma from My Distance Learning College.

Although the materials are comprehensive and informative, we do expect you to carry out your own investigations. After all, if you are not prepared to do your own research, you should be asking yourself if this is the right subject choice for you!

Although, there are no entry requirements, you do need a reasonable level of literacy to be able to both understand the concepts introduced, and get the most out of the materials.

EXCLUSIVE HIGH-VALUE PACKAGE FOR STUDENTS - FREE!
 

When you become a Student of My Distance Learning College you are eligible to receive the following:

1. A fully functioning business website, with free personal domain name and hosting for one year worth at least £175

2. Personal listing in an online directory exclusively for graduates of My Distance Learning College, which lets the world know of your success and achievement - worth £39.99

3. Career consultancy and free CV appraisal by one of the industry leaders in the UK - worth £64.99

4. Employment tools, including expert advice on interview preparation - worth at least £67

Total Value is a minimum of £346.98 –

What are you waiting for – order TODAY and get your career into overdrive!

Great news! We are now able to offer a next day delivery service that provides you with a specific time slot by email or SMS for when your study pack will arrive. No more sitting in all day!

The materials are divided up into four modules, as follows:

 

Module 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


Module 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


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


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

 

When you have successfully completed your studies you will receive a certificate of achievement in Advanced Practice in Health and Social Care from Focus Awards.

This is a non-regulated qualification which is endorsed by Focus Awards under the FQP scheme. They are not nationally recognised qualifications; on successful completion of your studies you will receive a Focus Awards Certificate of Achievement and a Diploma from MyDistance Learning College.

Focus Awards is regulated as an Awarding Organisation by Ofqual, the qualification regulators for England, Wales and Northern Ireland.

Non-regulated qualifications endorsed under the FQP scheme are ideal for professionals required to demonstrate commitment to CPD (Continuous Professional Development), and for those wanting to gain specialist knowledge of a particular subject.

Who is this for?
 

Anybody with a reasonable standard of general education will be able to cope with the academic demands. If you can read and write well enough to complete a job application, and have a good grasp of basic maths (add, subtract and divide) you should have no problems. The learning materials are written in simple everyday language and the answers to your assignments will be completed in the same style. In addition to the comprehensive learning materials provided, you will receive a Study Guide to assist you, and, of course, you will have the support of your tutor.

What will I cover?
 

Your studies will cover the areas of study listed above through detailed exploration of the subject matter. You will also receive tasks and prompts for further personal exploration and research to carry out so that you can gauge how much you have learned. There are plenty of examples to help you but personal research is a prerequisite, so be prepared to use your initiative to fully answer the assignments.

Is it accredited?
 

This is a non-regulated qualification endorsed by Focus Awards under the FQP scheme.

Although the learning materials are comprehensive and informative, we do expect you to carry out your own investigations. After all, if you are not prepared to do your own research, you should be asking yourself if this is the right subject choice for you!

Your work is not graded; assignments are simply identified as Pass, Fail or Referred. For assignments not passed at first attempt, your tutor will advise on the improvements to be made to obtain a Pass on a reworking. A certificate of achievement will be issued by Focus Awards on successful completion of all the assignments.

Is this a nationally recognised qualification?
 

No, this is a non-regulated qualification which has been endorsed by Focus Awards under their FQP scheme

What will my studies prepare me for?
 

The learning materials and accompanying tasks will help you to develop the necessary knowledge and confidence to successfully complete the tutor marked assignments. The tasks are designed to encourage you to apply your knowledge, and help you to develop relevant research and academic writing skills.

How do I send in my work?
 

You email your assignments one at a time for marking. This enables your tutor to properly assess the standard and style of your work for each section, and give you feedback which will be used on your next assignment; a process of continuous improvement. On obtaining feedback and comment you will either move on to the next assignment or review and rework the one you submitted.

If I fail an assignment can I retake it?
 

Yes, your tutor will ask you to resubmit your assignment and give you some pointers as to where you could improve.

What do I receive once I enrol?
 

We will send you ALL the learning materials. This consists of a folder and Study Guide, plus a package of bonus materials and items to enhance your learning experience.

Is there a time limit or any deadlines?
 

Your studies should be completed within 12 months, but can be extended for a small fee if your tutor supports your request. As a rough guide, depending on your circumstances and commitment, you can complete your studies in about 100 study hours. There are no other deadlines to meet.

Is there a word count for my assignments?
 

Although a word count is not given for the tutor marked assignments, it is important that you demonstrate to your tutor that you have fully understood the questions; a comprehensive Study Guide is included with your materials. Many students start slowly at first, but your tutor will give guidance to help and encourage you to improve.

Do I need a computer to complete my studies?
 

Yes, you will need access to email and the internet to submit assignments and do research. Most students also find word-processing their assignments is much more convenient than writing by hand.

Are the learning materials paper-based or online?
 

If you select the hardcopy option above, your materials are paper-based and come in a sturdy folder. Alternatively, start your studies immediately and save £££’s by studying exclusively online, with full access to your learning materials and tutor support, studying has never been easier!

What is a chartered accountant?

Chartered accountants provide clients with information regarding issues such as:

• Financial records

• Accounting systems and processes

• Taxation

• Auditing

A chartered accountant gives clients trustworthy information with the aim of helping them to maximise profitability.

Why did you decide to become an accountant?

I always enjoyed maths at school and decided that this was something I wanted to study at university. I studied economics and got an internship with a large telecommunications company. During my training I enjoyed working in a wide variety of areas which helped me to understand the wider picture of how businesses operate. I now work in audit which I find interesting because it means that I have gained an opportunity to work with different clients in different industries.

What activities do accountants do on a day to day basis?

Accountants cover a broad range of activities including the ongoing management of budgets and financial systems, providing financial advice and information to clients, completing financial audits, advising clients on business transactions, preparing accounts, advising on taxation issues and undertaking independent financial audits.

What qualifications do I need to become an accountant?

Accounting is a competitive industry and it is recommended that those looking to work in the industry have a degree in a relevant area. It is possible for those without a degree or HND to become accountants if the employer runs the Association of Accounting Technicians (AAT) qualification. This does not require the completion of a degree and can enable learners to progress on to training for chartered status. However, large employers often prefer candidates with degrees over those with HNDs.

How much can I expect to earn as an accountant?

Graduates: up to £25,000

Fully qualified: £26,000 - £50,000

Research by Stott and May (2012) revealed that 6-9 years after qualifying, accountants can earn £85,000 a year.

Level 2 Business Finance

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The course is accredited by
Business Finance - non-regulated qualification endorsed by Focus Awards under the FQP scheme
Assessment Method
Periodic Tutor-marked Assignments, no Exams.
Entry Requirements
Reasonable standard of literacy
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6 Reasons to Join the College that Cares
1
LOW COST
Affordable study. You get exceptional value for money. Our prices are among the lowest in the marketplace.
2
UNRIVALLED SUPPORT
Your tutor is a current practitioner and subject matter expert, committed to supporting you for the duration of your studies.
3
FREE RESOURCES
You get market leading iOS and Android apps to help you study, and free access to your Online Portal 24/7/365.
4
NEXT DAY DELIVERY
You get your materials delivered by courier the next business day after ordering. ALL of them - no waiting for phased delivery.
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STUDY ANYTIME, ANYWHERE
Flexibility is the key to distance learning. The resources and tools you get from us FREE ensure you have that from day one.
Overview
 

Prior study is not a prerequisite - you just need a passion for the subject matter!

A crucial part of running any profitable business is managing lines of credit effectively. Remember, a sale is not a sale until it's paid for. Businesses operating in the Western world extend credit terms to a large number of their customers, and many collapse because they have not put in place effective credit control systems to make sure they get paid. On paper the business appears to have a fantastic sales record, but simply runs out of cash because customers are slow to pay or don't pay. Credit management, and credit control is covered in some detail, and for many business owners will be the most useful aspect of it.

One of the most interesting and enlightening modules is towards the end of the materials, when you've already gained the knowledge to appreciate the concepts taught, which is break even analysis.

MATERIALS
 

One of the key benefits of studying with My Distance Learning College is that, unlike other distance learning providers, we deliver the entire package of learning materials in a single dispatch.

This enables our students to get a real feel for the overall structure and content of the study pack, and chart their progress much more effectively. The modular method of delivery favoured by other providers fragments the learning process and actively prevents students from moving faster through sections they are more confident with, or taking more time over the deeper concepts that require more thought and comprehension.

REQUIREMENTS
 

A reasonable level of literacy is required, but there are no entry restrictions.

You just need a keen interest in the subject, and will ideally have studied the subject or ancillary disciplines at a lower level if you want to progress quickly.

Non-Regulated Qualification Endorsed by Focus Awards under the FQP Scheme
 

This is a non-regulated qualification endorsed by Focus Awards under their Focus on Quality Provision (FQP) Scheme.

Focus Awards is a member of the Federation of Awarding Bodies (FAB) and is regulated by Ofqual. Established 2011, Focus Awards is founded on three core values – Honesty, Integrity and Fairness – that underpin everything they do.

The FQP scheme is designed to give endorsement to non-regulated qualifications in a wide range of subjects. On successful completion you will receive a Focus Awards Certificate of Achievement and a Diploma from My Distance Learning College.

Although the materials are comprehensive and informative, we do expect you to carry out your own investigations. After all, if you are not prepared to do your own research, you should be asking yourself if this is the right subject choice for you!

Although, there are no entry requirements, you do need a reasonable level of literacy to be able to both understand the concepts introduced, and get the most out of the materials.

EXCLUSIVE HIGH-VALUE PACKAGE FOR STUDENTS - FREE!
 

When you become a Student of My Distance Learning College you are eligible to receive the following:

1. A fully functioning business website, with free personal domain name and hosting for one year worth at least £175

2. Personal listing in an online directory exclusively for graduates of My Distance Learning College, which lets the world know of your success and achievement - worth £39.99

3. Career consultancy and free CV appraisal by one of the industry leaders in the UK - worth £64.99

4. Employment tools, including expert advice on interview preparation - worth at least £67

Total Value is a minimum of £346.98 –

What are you waiting for – order TODAY and get your career into overdrive!

Great news! We are now able to offer a next day delivery service that provides you with a specific time slot by email or SMS for when your study pack will arrive. No more sitting in all day!

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