Finance

Budgeting is something all employees will be involved in to varying extents. This module explores the reasons for budgeting, how organisations budget, key budgeting terms and the steps involved in the budgeting process. Learning Outcomes: Explore the reasons for budgeting, how organisations budget, key budgeting terms and the steps involved in the budgeting process.

This course demystifies the importance of budget management at work. It covers the basics of budget management for business leaders as well as team or project managers including types of budgets, necessary steps for budgeting and practical tips for effective budget management. By the end of this course, you will be able to recognise why effective budget management is important at work, identify ways to manage budgets effectively and describe the best approaches to address common challenges.

Regardless of your role within an organisation, it’s important that you understand how well it’s performing on an economic level. This module explores the basic elements of an organisation’s accounts, including how its trading activity is recorded on the Profit and Loss Statement, how those figures are then adjusted to reflect the amount of cash generated in the Cash Flow Statement and how the final numbers appear on the Balance Sheet. Learning Outcomes: Explore the basic elements of an organisation’s accounts, including the Profit and Loss Statement, the Cash Flow Statement and the Balance Sheet.

Payment Card Industry Data Security Standard, also known as PCI DSS, are the technical and operational requirements set by the PCI Security Standards Council (PCI SSC) to protect cardholder data. These standards apply to all organisations that store, process or transmit cardholder data, with guidance for software developers and manufacturers of applications and devices used in those transactions. By the end of this Course, you will be able to understand what the Payment Card Industry Data Security Standards (PCI DSS) is, recognise the PCI Security Standards and requirements, appreciate the benefits for the organisation and its customers, take appropriate action to prevent common fraudulent practices, take appropriate action to protect cardholder data, identify why it’s important to create secure passwords and understand how you report issues.