British Institue of Innkeeping Accreditation Board
Licensed Retail Financial Management
The Licensed Retail Financial Management Certificate is a national qualification designed to help licensees gain a greater understanding of the financial structure of their business and develop the skills required to manage it more profitability.
What is the content of the qualification?
The qualification contains the following topics:
1.Key Costing Calculations and Terminology:
2.Weekly Income and Expenditure:
4.The Profit and Loss Account:
5. Break Even and Profit Protection:
6. The Balance Sheet:
How is it assessed?
By examination and coursework.
Candidates sit a 45-minute examination made up of 5 questions which require short written answers and calculations.
How long is the course leading to the examination?
The course usually comprises three days of training.
These can be delivered separately or consecutively depending on the preference of the candidate and the eliverer.
What support material is available?
A comprehensive workbook is supplied to each candidate by the centre.
What does a candidate receive on successful assessment?
A certificate awarded by BIIAB.
The Licensed Retail Financial Management Certificate is a core requirement of the AQ Diploma portfolio.
Who is this qualification suitable for?
Leadership Development Center - Technology House - University of Salford - Lissadel St - Salford - Manchester - M6 6AP
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