Discover the key concept of finance and strengthen your financial management skills in this free online course. This course provides a key financial concepts and its practical applications. You will explore important topics such as financial management, monitoring a project budget, petty cash tracking, and bank reconciliation. The course also covers how to manage revenue, request cash advances, and complete expense reports. You will learn about the various types of financial reports, how to prepare them, and gain a deeper understanding of accounting.
| College | Alison |
| Course ID | 195948 |
| Course Type | Online Learning |
| Course Qualification | CPD Certificate |
| Course Duration | 3-4 hours |
| Course Fee | Free |
| Entry Requirements | Like all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary. At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives. Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone. |
| Career Path | What You Will Learn In This Free Course • Explain what financial management entails and how to effectively handle financial procedures • Describe the process of cash reconciliation and how to utilize a petty cash sheet • Define what suppliers can provide and understand the range of their services • Explain why budgets are essential and how to design effective budgets • Outline the concept of risk analysis and learn how to monitor budgets effectively • Identify the various types of financial reports and their key characteristics • Summarise the cash flow tables and learn how to manage funds from each donor effectively • Analyse what accounting is and its significance in financial management |
| Course Code | 7599 |
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