AAT – Credit and Debt Management
- Χρηματοοικ. Ασφαλιστικά Τραπεζικά - Λογιστικά/ Έλεγχος/ Φορολογικά
31 Ιαν 2025 12:16 31 Ιαν 2025 12:16
Αγγλικά
25.00 ώρες ( ημέρα )
ΠΕΡΙΓΡΑΦΗ
This course focuses on the principles and application of effective credit control and debt management systems. Organizations often extend credit to customers, which can lead to financial issues if payments are delayed or not made. Therefore, assessing the creditworthiness of potential customers is crucial.
Students will learn techniques to evaluate credit risks according to policies, relevant laws, and ethical standards. Once credit is extended, ensuring timely debt collection is vital. The course covers strategies for managing and collecting overdue debts while adhering to organizational policies and legal requirements.
Additionally, the course addresses key performance measures related to liquidity, profitability, and gearing. Students will deepen their knowledge of liquidity management, understand the implications of bankruptcies and insolvencies, and explore financial mechanisms such as invoice discounting, factoring, and credit insurance.
This course is optional within the Level 4 Diploma in Professional Accounting.
Learning Outcomes:
On successful completion of this subject, you should be able to:
- Understand relevant legislation and contract law that impacts the credit control environment
- Understand how information is used to assess credit risk and grant credit in compliance with organisational policies and procedures
- Understand the organisation’s credit control processes for managing and collecting debts
- Understand different techniques available to collect debts
Registration and Access
Once you complete an online purchase you will receive confirmation of account activation. Please allow 48 hours to get access to all the modules and for your eLearning account to be set up.
If you wish to receive an invoice instead of paying online, please contact us at info@myseminars.com.cy. Access to the course is valid for 365 days.
Certification
Upon the successful completion of the subject Business Tax, you can advance to the next subject of the AAT Diploma in Professional Accounting Level or If you have already completed other subjects, you can proceed to apply for your full AAT membership.
ΣΚΟΠΟΣ ΣΕΜΙΝΑΡΙΟΥ
Topics to be Covered
- Statute and contract law applicable to credit control
- Breach of contract and the circumstances in which they can be used effectively
- Terms and conditions associated with customer contracts
- Data protection and ethical considerations associated with credit control activities
- Sources of credit status and assessment methods used in granting credit
- Credit status of existing and potential customers using relevant ratios and performance indicators
- Reasons for granting, refusing, amending or extending credit
- Methods for the management of debts
- Manage accounts receivables
- Techniques to manage liquidity
- Communicate with stakeholders using a professional and ethical approach
- Legal and administrative procedures for debt collection
- Insolvency
ΣΕ ΠΟΙΟΥΣ ΑΠΕΥΘΥΝΕΤΑΙ
The AAT qualification is ideal for people who want a career in finance and business.
ΠΕΡΙΣΣΟΤΕΡΕΣ ΠΛΗΡΟΦΟΡΙΕΣ
What's included in this course
- Study planner and guidance
- Access to AccountingWise Learn
- Comprehensive pre-recorded lectures
- Extensive question practice (including mock exams and feedback)
- Tutor support via phone or email
Exam Details
- Format: Computer-based assessment
- Availability: On Demand
- Pass: A score of 70%
- Length: 2 hours
- Please Note: Official Exam is not provided; it should be purchased separately.