Practical Financial Management for the Small Business  Short Courses

This practical course is aimed at those interested in or already running their own business who want to learn how to record and prepare business accounts that comply with accounting standards and HMRC requirements. Students learn the basics of financial management for the small business and look at the essential elements of finance, including book-keeping, cost analysis, VAT returns, sources of funding, taxation and cash flow forecasts. The course will examine how these techniques can be integrated into all aspects of running a small business.

Course Information

Start DateStart TimeDurationCostCourse CodeApply
Tuesday 6 October 2015 18:30 - 20:30 10 weekly classes £415.00 CS1798 Apply Now
Tuesday 23 February 2016 18:30 - 20:30 5 weekly classes (Tuesday & Thursday) £415.00 CS1798 Apply Now
Tuesday 26 April 2016 18:30 - 20:30 10 weekly classes £415.00 CS1798 Apply Now

Tutor Info

Tony Pamphilon has many years' experience of working in colleges and universities, in the UK and overseas. He has managed large departments and taught learners of all abilities from beginners up to  undergraduates and postgraduates. He currently works as a freelance lecturer and consultant and teaches a wide range of accounting related subjects at City University London and Birkbeck, University of London.


An interest in small business management.

Applicants must be competent in basic arithmetic.

English Requirements

Applicants must be proficient in spoken and written English.

What will I learn?

By the end of the course, you should be able to understand the basics of:

  • How to prepare and maintain a set of business accounts that comply with accounting standards and HMRC requirements
    Budgeting to enable better business cash flow management
    Costing and ratio analysis to enable you to review business performance and efficiency
    Sources of Funding
    Completing VAT returns
    Tax planning. Gain an overview of HMRC requirements with a view to minimising your tax burden


Week 1Introduction to Accounts: Double Entry Principles & Trial Balance
Week 2
Income Statements and Balance Sheets
Week 3Ratio Analysis
Week 4Cash Flow Forecasting
Week 5Accounting for Cash
Week 6Bank Reconciliation
Computerised Accounts overview
Week 7

Costing and Break Even Analysis
Week 8Sources of Finance
Week 9VAT
Week 10 Tax Planning

Recommended Reading

Cox, D. (2012) Business Accounts for book-keeping and financial accounting courses: Osborne Books

Additional reading will be suggested during the course.

Application Deadline: