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Level 4 AAT Professional Diploma in Accounting (Distance Learning) – Unit in Cash and Financial Management

Course Overview

Course Type:

Part Time

Available at:

Available at Eastleigh tagEastleigh

Course Area:

Business Finance & Travel

Course Duration:

16 Weeks

Available at:

Available at Eastleigh tagEastleigh
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The Course in Detail

This unit focuses on the importance of managing cash within organisations and covers the knowledge and skills required to make informed decisions on financing and investment in accordance with organisational policies and external regulations.

Students will identify current and future cash transactions from a range of sources. They will learn how to eliminate non-cash items in the financial information provided. Using various techniques, students will prepare cash budgets considering the timing of transactions required to monitor the flow of cash into and out of organisations.

Understanding the importance of cash management is key to the sustainability of organisations, therefore students will identify shortfalls and surpluses in cash budgets and take appropriate action to deal with them. Students will understand how to reforecast cash budgets and reasons for deviations from budget.

Students will appreciate how an organisation needs to meet its financial obligations to avoid the risk of financial failure and the different methods of financing available to meet short- and long-term financing requirements, along with the types of investments available for surplus funds.

Students will gain an understanding of the external regulations and considerations that relate to cash and finance, including any financing and investment decisions, to comply with an organisation’s policies and principles, which may not be purely focused on maximising wealth.

This unit is optional in the Level 4 Diploma in Professional Accounting.

    About AAT: AAT is the UK’s leading professional body offering skills-based accountancy and finance qualifications. Their qualifications are practical, internationally recognised and can open doors in any industry across the world.

    Important Notice

    A place on your chosen course is not confirmed until enrolment is complete, and any relevant fees are paid. Adult course times, dates, durations and fees may be subject to change, and courses may be cancelled if minimum numbers are not met.

    Entry Requirements & Progression

    What You'll Need

    Applicants must have achieved a Level 3 accounting qualification. Candidates will be required to attend an interview with the course administrator prior to commencing on the course and demonstrate an appropriate standard of Literacy and Numeracy by way of a short assessment. All elements of the course include a significant amount of writing and literacy skills are as critical as numeracy skills. Basic IT skills will also be required.

    This Could Lead to

    Once qualified, students automatically become AAT affiliate members and, with relevant work experience, will qualify for AAT full membership, enabling use of the designatory letters MAAT after their name. However, the primary and most important outcome of this qualification is that it can lead to a wide variety of well-paid accountancy and finance jobs, some of which are professional accounting technician, assistant auditor, assistant management accountant, commercial analyst, payroll manager, senior financial officer, accounts payable and expenses supervisor, assistant financial accountant, cost accountant, fixed asset accountant, indirect tax manager, senior fund accountant, senior insolvency administrator, tax supervisor and VAT accountant. The AAT qualification can give qualified students exemptions towards part of the UKs chartered and certified accountancy qualifications.

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    Availability & Enrolment

    Course ID

    P4411-RORO-E-P5

    Location

    Eastleigh College

    Total Fees

    £386

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