Financial control is essential to all types of business and organisation, though it takes a special type of organised, logical and thinking person who is not daunted by figures. This is the major to nominate if you plan on running your own business, or if you are interested in extending the accounting aspect of your course.

Availability

You may nominate Financial Control as your required major in any of the following courses:

• ASFR Dip of Administration majoring in Financial Control
• MMFR ADip of Management majoring in Financial Control
• MKFR ADip of Marketing majoring in Financial Control

You may nominate Financial Control as an optional major in the following course, but note that the duration of the course will be increased by 10 weeks:

• MDFR ADip of Management and Marketing majoring in Financial Control

Content

This major builds on the subjects Accounting Information Systems and Financial Reporting, which have already introduced you to the concepts and mechanics of basic bookkeeping and accounting. It adds budget development, management and monitoring, and the skills and knowledge required to oversee the day-to-day financial operations of a small business or a department within a larger organisation. The major is not intended to cover detailed specialist accounting skills that are undertaken by qualified accountants or financial controllers, but does include the awareness of accounting issues and concepts needed by managers for effective communication with accountants or other specialists on financial matters.

Please note that subjects may be changed at the discretion of the College to keep them up to date, to comply with industry Training Package requirements, or for timetabling purposes

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