Financial Management Including Budget Setting
Buying more than 10 courses?
Our volume discounts are perfect for training teams, you can mix and match most of our courses to make a saving on your order!
10% off orders of 10 or more courses
20% off orders of 25 or more courses
30% off orders of 50 or more courses
40% off orders of 100 or more courses
Aimed at team leaders and business professionals this e-learning course covers the purpose of financial management and budgets.
The module begins by reviewing the fundaments of financial management and its component activities: business planning, maintaining cash flow, financial procedures, awareness of day to day costs and maintaining accounting records, internal controls, tax records, prioritising debt etc.
Course Level: Intermediate
Duration: 2 Hours
Accreditation: CPD Certified
Certificate: Self-Printed Certificate
Description
Who are the key stakeholders in financial reporting: managers, lenders, investors and suppliers, regulatory authorities?
The relationship between financial management and reporting is described and how this affected by adequate financial controls. The module goes on to describe the structure of an accounting system and its various component parts.
Next governance and compliance is reviewed and how these relate to financial management ie tax returns, retention of tax records.
The module moves on to specific documentation and reviews the accounting policies and procedures manual, which if used correctly, assists employees to understand and process financial transactions correctly and ensuring a consistent approach to accounting across an organisation.
The module concludes with a review of management reporting: profit and loss accounts, balance sheets, cash flow statements, key performance indicators and how management accounts pull all these together to provide the organisation with an overview of the financial health of the company.
Learning Objectives
On completion of this course, learners will:
- Understand the processes and documents that are used in financial management and reporting
- Understand the processes used to track income and expenditure
- Understand how an organisation’s records are set up and maintained to meet the requirements of governance and compliance
Accreditation
The content of this course has been independently certified as conforming to universally accepted Continuous Professional Development (CPD) guidelines.
Certification
On successful completion of this course, you will be awarded a Virtual College certificate which you will be able to download and print immediately on completion.
Duration
This course will take approximately 30 minutes to complete, depending on learning speed.
Target Audience
This course is aimed at team leaders and professionals and financial officers.
Entry Requirements
There are no specific entry requirements for this course.
What you'll learn
- Understand the processes and documents that are used in financial management and reporting
- Understand the processes used to track income and expenditure,
- Understand how an organisation’s records are set up and maintained to meet the requirements of governance and compliance
Suitable for
- This course is aimed at team leaders and professionals and financial officers
Certification
Self-Printed Certificate Option
Upon completion of the course, a digital certificate will be available to download instantly.
Recent Reviews
1st January 2026
Very easy to purchase
Very easy to purchase, plenty of time for answers
31st December 2025
Portable Appliance Testing Training
Well structured course with good training notes and assessment questions.
30th December 2025
Clear website and good coverage of…
Clear website and good coverage of subject matter. Final assessment a little to easy
28th December 2025
Attending college online has boosted my…
Attending college online has boosted my self-assurance.
22nd December 2025
My second experience with virtual…
My second experience with virtual college training has been incredibly delightful and educational!
20th December 2025
Good experience
Good experience
20th December 2025
Fast, secure and good range of products
Really easy website to deal with that offers lots of accessible courses laid out in a format that’s easy to navigate and easy to choose from.
17th December 2025
Work
Very easy to use gained lots of new information
16th December 2025
Highly recommend
Enjoyed it Well done!
15th December 2025
The course was completed in a logical…
The course was completed in a logical way with good illustrations throughout.
Excellent
4.8 out of 5
16088 Reviews on
)
)
)
)
)
)