Classroom or Online
60 lecture hours
EU & Non-EU Nationals1,500 EuroWhole course will cost you 450 Euro after Tax Credit - Save 1,050 Euro
Accountancy & Finance
Award in Financial Planning & Control
This course focuses specifically on financial analysis, and specifically on financial planning and control.
Accredited awardMQF / EQF Level 512 ECTSAccountancy & Finance
LevelMQF / EQF Level 5
Credits12 ECTS
Duration60 lecture hours
Study modeClassroom or online
Awarded byeie European Business School
Overview
This course focuses specifically on financial analysis, and specifically on financial planning and control. Financial planning and control, analyses the mission and goals of the organisations, to achieve the planned goals and milestones.
Also a module inside these programmes
Undergraduate Higher Diploma in Accountancy and FinanceBachelor of Arts in Accountancy and Finance
Learning outcomes
- Comply with consumer laws and regulations
- Plan for income tax, investment, retirement, estate, special circumstances and risk management
- Carry out effective decision making in businesses taking into consideration economic shifts and trends
- Practice effective controlling and budgeting when it comes to financial activity
- Discuss in detail the process that must be undertaken when carrying out financial planning as well as the rules and compliance measures that need to be taken into consideration vis-a-vis relevant regulatory frameworks
- Define in detail the use of economic principles such as supply and demand, business cycle, inflation, deflation and stagflation, monetary versus fiscal policy and economic indicators within the field of financial planning
- Have knowledge of the economic environment for businesses and how it affects accounting and finance
- Critically reflect on the importance of preparing and interpreting financial statements for effective financial planning and control
- Discuss the term ‘budgeting’, as well as different budget types and the purpose of having budgets at the workplace
- Have knowledge of ways to calculate the time value of money, as well as IRR and NPV
- Critically reflect on the regulatory framework governing financial planning and control
- Have knowledge of different areas of financial planning including taxation, investments, estate planning, cash management, insurance, and retirement
- Have knowledge of budgets and their effectiveness in increasing and enhancing organisational performance
- Critically describe the term ‘financial control’ and its importance within businesses
- Have knowledge on the importance of having strengthened financial control within businesses
- Apply time value of money and calculate present values, rate of return, net future value and net present value
- Develop a financial plan together with the finance department to effectively enhance the overall revenue and performance of an organisation
- Create budgets together with the financial department and analyse the importance of said budgets in the overall success of an organisation
- Use different types of budgets depending on the requirements of the situation including sales, production, cash flow, project, marketing, expenditure, revenue, and capital budgeting
- Use components of a budget in an effective manner such as revenues, costs, and cash flows/profits
- Use tools such as the ‘Fraud Triangle’ to effectively determine and identify fraudulent activity
- Apply effective risk management and risk assessment techniques when planning and controlling financial information and data
- Use various financial control models such as balance sheets, financial reports, profit and loss statements, and cash-flow statements How this course will be taught This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen). Assessment This course shall be assessed by a written assignment of 1,500 words (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). The assignment has a total of 2,000-word count. Moreover, learners are expected to obtain a minimum of 50% of the total mark to successfully pass from the course
Fees & duration
Fees as published by eie European Business School. Your fee is confirmed only on the invoice issued by eie with your conditional offer. Get Qualified tax-credit figures apply only if you are eligible under Malta Enterprise rules.
Get Qualified — up to 70% back
eie's accredited programmes are eligible under Malta Enterprise's Get Qualified scheme. Eligible self-funded students can recover up to 70% of registration and tuition fees as a tax credit after successfully completing the course.
Recognition
Accredited by MFHEA
This qualification is awarded by eie European Business School (formerly eie Institute of Education) and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 5 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Flexible start
Online awards can start any day. Lecture-based awards use a fixed start date.
How to apply
01
Enquire
Tell Aspire Barcelona what you have studied. We confirm the level Aspire can consider.
02
Offer & invoice
eie aims to send a conditional offer letter and an invoice within 48 hours of your application.
03
Acceptance
Meet the conditions, sign the student agreement and pay — eie then issues a letter of acceptance and a receipt.
Got an offer through an agent? Check it first.
Send a copy of any offer letter, letter of acceptance, invoice or receipt to [email protected]. eie will confirm whether it is genuine and is not responsible for documents or payments that did not come from eie.
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