Financial Management Theory
Franchise Manager · Knowledge
Facilitated training Training towards QCTO occupational qualifications, delivered by your RMK facilitator, with workplace practice. Our QCTO accreditation is in progress. Learn in your community, with RMK facilitators.
Financial concepts and analysis - Core financial concepts: equity, assets, liability, time value of money
Financial concepts and analysis - Types of ratios and their interpretation
Financial concepts and analysis - Types and purposes of financial statements
Financial concepts and analysis - Users, purpose and importance of financial analysis
Costs and costing - Costing principles across trading, retail, manufacturing and service ventures
Costs and costing - Breakeven point and mark-up for pricing
Costs and costing - Factors influencing pricing
Costs and costing - Costing and cost estimates; cost control
Costs and costing - Return on investment; internal failure, external failure and appraisal cost
Budgeting and budgetary control - Types of budgets and budget cycles; methodologies for creating a budget
Budgeting and budgetary control - Sources of finance; the working capital cycle
Budgeting and budgetary control - Inventory management and control techniques
Budgeting and budgetary control - Sources of financial data for budget preparation
Budgeting and budgetary control - External and internal scenarios affecting budget projections; sensitivity analysis
This module is part of the full programme
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