Course Information

National Certificate in Credit Administration (Credit Control) (Level 4: 45 credits)

Course Outline:

  • Evaluate Credit Worthiness
  • Manage Credit Facilities
  • Manage Credit Policies and Procedures
  • Produce and distribute management reports to manage credit risk
  • Demonstrate knowledge of the Personal Property Securities Act

So where can this qualification take you?

The qualification is intended for people working in, or intending to work in, a credit management role. It is designed to help develop and enhance the skills and competencies required by industry.

People awarded with this qualification are able to evaluate credit worthiness; manage credit facilities; manage credit policies and procedures; and produce and distribute management reports to manage credit risk.

The following list details the competencies and learning that can be achieved through completing the course:

Unit 16958:

  • Obtain trade credit information including Legal identification and contact details, financial data and business information.
  • Analyse financial information including rends in owner’s equity, debt to equity ratio, cash flow and risk of business failure.
  • Manage credit risk
  • Process credit decisions.

Unit 16959:

  • Manage credit processes including processes, budgets and policy.
  • Manage credit approval processes.
  • Manage debt collection processes.

Unit 16960:

  • Develop credit policy including the balancing of risk against benefits, Recovery, repossession, and write-off procedures, authority levels etc.
  • Implement and manage credit policies.
  • Assess the effectiveness of, and review, credit policies.

Unit 17701:

  • Determine management requirements for credit management reporting.
  • Produce and distribute management reports to manage credit risk.

Unit 17702:

  • Explain the nature of the legislation.
  • Describe the creation and enforceability of personal property security interests.
  • Describe the determination of priority of personal property security interests.
  • Explain the requirements of the Personal Property
  • Securities Register.

What is a Unit Standard?

A unit standard simply describes what you need to know or be able to do to be assessed as competent in a particular skill area. National qualifications are made up of unit standards, which are set at different levels to indicate the degree of difficulty.

For each unit standard you gain and are assessed on, you gain credits. To achieve a national qualification, all you have to do is complete the required number of credits.

What is a National Qualification?

There are three kinds of national qualifications:

  • National Certificates - Levels 1-4
  • National Diplomas - Levels 5-6
  • Degrees & Post Graduate Programmes - Levels 7-10

As you achieve your unit standards, your details are listed on a Record of Learning. This should be a link to access via the internet , held on a national database by NZQA, to keep track of your achievements.

You can accumulate credits over a number of years and from a variety of providers, until you have completed a qualification.