The Financial control credential covers the skills and knowledge required in understanding and applying practices that support the accuracy of financial records, whilst minimising fraud and protecting the organisation’s tangible and intangible resources.

Financial control comprises of 2 micro-credential stacked courses of learning, followed by a completion of assessment tasks at the end of each skill level, to test the learner’s knowledge and understanding.

Course Series: 2 of 2

Course Award: Micro-Credential 

Course Duration: 4 Hours Course 

Complexity: Intermediate

It comprises 7 lessons of learning, followed by a completion quiz to test your knowledge and understanding.  By the end of this course, you will demonstrate understanding in:

  • Practices that support measuring financial performance. 
  • How to forecast costs and yields to be worked with. 
  • How to review financial records and break down financial information. 
  • How to present and share financial information. 
  • The relationship between cost, volumes, and profit.




Course curriculum

  • 1

    Introduction

    • Financial control
  • 2

    Lesson 1

    • Measuring financial performance

  • 3

    Lesson 2

    • Food and beverage cost control
  • 4

    Lesson 3

    • Standard recipes and calculations
  • 5

    Lesson 4

    • Calculate costs and yields
  • 6

    Lesson 5

    • Review financial information

  • 7

    Lesson 6

    • Provide financial information

  • 8

    Lesson 7

    • Cost, volume and profit relationships

  • 9

    Test your knowledge

    • Instructions before taking the test

    • Next steps
  • 10

    The boring stuff

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