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Business Finance Level 3

Regular Price: $527

Special Price: $501

  • 100h - 1 Year
  • 2 students have purchased
  • Express
UK Open College
Unit E9, Castle Vale Enterprise Park B35 6LJ See in Google maps
UK online provider of distance learning and home study courses. Over 200 accredited courses in a variety of subjects including. A Levels, childcare, bookkeeping, Sage accounting and nutrition. Enrol online anytime of the year, totally flexible, materials and support provided.


  • Easy to follow
  • Make your own study schedule and take advantage of online tutoring hours
  • Obtain a certified diploma once you finish the course.


This home learning course in Business Finance deals with the raising and managing of funds. Irrespective of the organisation's size, at some point in time, management will need to address the issues raised when attempting to secure funds for the organisation.
Suitable for: Anyone who is interested in the financial aspects of an organisation.

Course review:

Unit 1 - Cost and Management Accounting

In this unit, you review the important role played by management
accounting in the business world, for example, helping management in
decision-making, policy formulation and the achievement of objectives.
We contrast historical costing with predetermined costing and look at
how costs are classified. This unit provides you with a brief
introduction to cost and management accounting with particular attention
being paid to absorption costing and marginal costing.

By the end of this unit you will have:

  • Explored costs and historical costs.
  • Investigated the methods employed by management to control costs.
  • Discussed the principles of marginal costing.
  • Defined the marginal cost equation.
  • Described the uses and limitations of break-even analysis.

Unit 2 - Budgetary Control

Budgetary control is a technique that is essential to the success and survival of
any organisation, large or small. In this unit, we illustrate the
principles, and what is considered to be good practice. We then consider
the benefits of budgeting and follow with a concise appraisal of the
rules for effective budgeting. We also produce budgeted profit and loss
accounts and budgeted balance sheets, which, together with the cash
budget, make up what many companies call the master budget.

By the end of this unit you will have:

  • Introduced the household budget.
  • Explored the benefits of budgeting.
  • Identified the rules for budgeting and budgetary control.
  • Examined cash budgets.
  • Discussed the behavioural implications of budgets.

Unit 3 - Introduction to Accounting

In this unit, we begin by looking at the background to accounting. We
identify different types of business and organisations, and how
accounting can serve their needs. We clarify the different areas of
financial accounting, management or managerial accounting, and financial
management. We consider the basic concepts, conventions and policies
adopted when preparing financial statements. We explore the vital
differences between profit, profitability and cash flow.

By the end of this unit you will have:

  • Introduced the accounting concept.
  • Explored the differences between financial and managerial accounting.
  • Identified the characteristics of accounting information.
  • Investigated the relationship between profit, profitability and cash.
  • Examined the fundamental accounting conventions and concepts.
  • Described the capital structure of a limited liability company.

Unit 4 - Working Capital Management

In this unit we look at the structure of working capital, the role of
working capital management within corporate financial objectives. The
significance of the production cycle and the financing cycle and their
roles in the working capital cycle are investigated. We look critically
at the traditional accounting approach to working capital management and
specifically the concepts of solvency and liquidity.


Thanks to this offer, valid exclusively for one person, you will obtain a Business Finance Level 3 Online Course.

How to register

By buying the course in Emagister Express, you will obtain an access coupon. We will send you the codes and keys to the coupon. Send the coupon code and the key to Info@ukopencollege.co.uk. The training provider will then give you access to the course.

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