Federation of Credit Management (FCM) endorsed courses

Credit Management

Formative Assignments, to build your knowledge, as well as a Summative Assignment, to test your knowledge gained, are built into the Federation of Credit Management endorsed eLearning courses. You need an hour or two a day and within 45 to 60 days you could complete a course.  The courses are "brand new" and in line with "today's" thought processes. Definitely NOT to be confused with the traditional credit management material available in the market.

The following courses will be available as from April 2019.


  • Principals of Credit Management
On completion delegates will:

Understand the role of credit management within the business environment.
Understand the organisational requirements of credit management functions.
Understand the impact of legislation on the credit function.
Understand how to identify, assess and control credit risk.
Understand the different documents and systems used for trade, export and consumer credit.
Understand debt collection and recovery methods.

  • Consumer Credit Management
On completion delegates will:

Understand the role and effect of consumer credit within the business environment.
Understand the organisational requirements of credit management functions.
Understand the marketing and sale of a range of consumer credit products.
Understand how to identify, assess and control credit risk.
Understand different documents and systems used for consumer credit.
Understand debt collection and recovery methods.

  • Trade Credit Management
On completion delegates will:

Understand the principles of Trade Credit Management and how it operates.
Understand the legal principles of the relationships arising from contracts.
Understand how insurance meets Trade Credit Management needs.
Understand fundamental accounting processes in relation to Trade Credit Management.
Understand the main terms and methods of payment in domestic Trade Credit Management.
Understand the fundamentals of accounts analysis in relation to the setting of credit limits in Trade Credit Management.

  • Export Credit Management
On completion delegates will:

Understand the role and effect of credit management within the global business environment.
Understand the organisational requirements of credit management functions.
Understand the impact of legislation and country culture on the credit function.
Understand how to identify, assess and control credit risk.
Understand different documents and systems used for export credit.
Understand debt collection and recovery methods for export debt.

  • Impact of Trade Credit on Cashflow
On completion delegates will:

Understand and develop a basic understanding of how the granting of trade credit impacts on the cashflow of an organisation and provides techniques for those working in a credit practitioner role, as well as those in a more supervisory/managerial role to be able to assess the (potential) impact.

  • Impact of Trade Credit on Balance Sheets
On completion delegates will:

Understand and develop an understanding of how the granting of trade credit impacts on the Balance Sheet of an organisation and provides techniques for those working in a credit practitioner role, as well as those in a more supervisory/managerial role to be able to assess and manage the (potential) impact.

Course Fees

  • Principals of Credit Management - R 2,750
  • Consumer Credit Management - R 3,250
  • Trade Credit Management - R 3,250
  • Export Credit Management - R 3,250
  • Impact of Trade Credit on Cashflow - R 2,750
  • Impact of Trade Credit on Balance Sheets - R 3,250

Duration
Investing an hour a day, between 45 to 60 days.

Entry Requirements
Principals of Credit Management is a
pre-requisite for Consumer, Trade and Export Credit Management.

Outcome
The skills acquisition will be monitored by means of formative assignments during the course and a final summative assignment at the end. A certificate for successful completion will be issued on-line after completion of each course. All courses are inclusive of 3 months User Fees on the CR eLearning platform but exclusive of VAT.