Course Information

Facilitators:

Credit Management 1 is required for the continuation into Credit Management 2, and once learners have completed Credit Management 2 they may continue with Credit Management 3, which will complete their certification with the ICM (Institute of Credit Management).

Not only the quality of our lecturers and the fact that the material is written by the foremost industry professionals, but also the way we present the courses, ensures the optimal opportunity for the acquisition of both theoretical and practical aspects of the learning outcomes of the course.

Outcomes

• Understand and explain the economical and legislative factors of credit management and their impact on customer ability to pay.
• Explain the sources of finance available to companies
• Set, implement and measure the effectiveness of a credit policy
• Explain the structure of a credit management department
• Understand and explain budgets, targets and provisions
• Assess credit limits and formulate decisions
• Understand and explain the securing of an account
• Understand and explain administrative controls
• Supervise the credit department
• Understand and explain debt re-scheduling
• Understand the impact of the National Credit Act
• Understand and explain the legal action to be taken on delinquent debtors
• Understand and explain export and international credit
• Understand and explain consumer credit
• Understand banking credit
• Understand the role of micro lenders in South Africa
• Understand liquidations and insolvency
• Understand the requirements of internal and external audit

Duration

15 weeks. The cost includes ICM enrolment and examination fees. A R250.00 non-refundable registration fee applies to all courses and is not include in the  pricing

Assessment

The skills acquisition will be assessed by the means of two Summative Assessment Tests, one Summative  assignment and finally a Summative Assessment through the ICM.

Contact us for the cost of this course and for registration enquiries

Email: Donovan Email: Kelly