AAT Level 4 – Credit and Debt Management (CRDM)
Mapped to the AAT Q2022 syllabus | Perfect for self-study or classroom use
Our Credit and Debt Management study book offers structured, easy-to-follow explanations to help you master key concepts and prepare confidently for your AAT assessments.
This comprehensive guide uses clear language, practical examples, and helpful illustrations to walk you through each topic. It’s ideal for both classroom and independent study.
£29.90
- Description
Description
This is an optional unit for the Level 4 Diploma in Professional Accounting.
Most organisations offer credit terms to its customers. And on this unit, you will learn about the risks involved, the techniques you can use assess credit risks, and explore the techniques that can be used to collect overdue debts.
This unit delves into comprehending and applying effective credit control principles, encompassing suitable debt management frameworks. Businesses commonly extend credit terms to customers, which can pose financial challenges if payments are delayed or not made. So, it’s crucial to ascertain the ability of potential credit customers to fulfil agreed-upon terms.
The module explores techniques for assessing credit risks by policies, relevant laws, and ethical standards. Moreover, once credit decisions are approved, it becomes imperative to ensure timely payment of debts by customers. Students will also explore strategies for collecting overdue debts, aligning with organisational policies, legal protocols, and debt collection methods.
Understanding and employing performance metrics related to liquidity, profitability, and gearing are core components of this module. Additionally, students will enhance their comprehension of liquidity management, bankruptcies, and insolvencies, alongside exploring mechanisms such as invoice discounting, factoring, and credit insurance.
Who Is This Book For?
- Students studying AAT Level 4 Accounting
- Anyone preparing for the Credit and Debt (CRDM) assessment
What You’ll Learn
- Understand relevant legislation and contract law that impacts the credit control environment
- Understand how information is used to assess credit risk and grant credit in compliance with organisational policies and procedures
- Understand the organisation’s credit control processes for managing and collecting debts
- Understand different techniques available to collect debts
What’s Inside
- Chapter 1: Contract law, legislation and ethics
- Chapter 2: The granting of credit
- Chapter 3: The process of managing and collecting debts
- Chapter 4: Legal procedures for debt collection and insolvency
- Mock Exam
- Glossary
- Activity Answers
- Mock Exam Answers
Practice questions and assessment-style tasks throughout.
What’s Included
- Printed book (includes a mock exam)
- Free access to our online portal which includes:
- Electronic version of your study book
- Auto-marked assessments – instant feedback
- 1 additional mock exam in the online portal
Why Choose Accountext Study Materials?
- Written by experienced AAT tutors who understand how students learn
- Mapped directly to AAT’s syllabus for the CRDM unit
- Includes worked examples, real-life scenarios, and practice tasks
- Easy to follow — ideal for self-study or as a classroom companion
- Trusted by 5,000+ AAT students across the UK
FAQs
Is this book up to date with the 2022 syllabus?
Yes, it is fully aligned with the AAT Q2022 syllabus for the CRDM unit.
Does it include exam-style practice questions?
Yes — each chapter includes review tasks, with additional end-of-book mock questions to reinforce learning.
Product details
- Title: AAT Level 4 – Credit and Debt Management CRDM)
- Author / Publisher: Accountext Publishing
- Binding Type: Paperback / Spiral-Bound
- Page Count: 198 pages
- ISBN: 978-1-8369-0312-3
- Dimensions: A4 (210 x 297mm)
- Language: English
- Format: Print
- Mapped To: AAT Q2022 Syllabus (CRDM unit)
- Qualification Level: AAT Level 4 Diploma in Accounting
- AAT Unit Code: CRDM
- OfQual Unit Number: M/618/3599
