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.

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.

Insider trading occurs when someone has access to information that’s not yet available to the public and uses it to their advantage in order to make a profit or avoid a loss when trading on a regulated market. This module explores both legal and illegal insider trading, the law and terminology related to insider trading, the investigative process, the types of insider and the impact their actions can have on an organisation, a market and the economy.

Learning how to manage your personal finances brings many benefits as the ability to stay on top of bills means you can start to put money into a savings account, pay off debts and think about the future by increasing your pension contributions. This module will look at how to create an effective budget, the importance of picking the right bank account for your financial needs and how you can save money by cutting costs and shopping smarter.

The Payment Card Industry Data Security Standard (PCI DSS) was established by five major international card schemes to combat card theft by providing a minimum level of card data security for all merchants, hardware and software developers, financial institutions and point-of-sale vendors around the world. This module explores what information card thieves target, the types of security offered by the PCI DSS, how to demonstrate compliance with the regulations and the penalties your organisation could face if it suffers a breach. Learning Outcomes: Understand what information card thieves target, the types of security offered by the PCI DSS, how to demonstrate compliance with the regulations and the penalties your organisation could face if it suffers a breach.