Time value of money - Concepts and Applications
SKU: 06-281-01-CPE
Credit Hours: 2
CPE Category: Finance
Delivery Method: Video
Instructor: Jamie Pratt
Course Description:
This course covers time value of money, a concept at the heart of economics, finance, and business decision making that also is frequently used by accountants when valuing assets and liabilities. The course consists of a single video that covers interest, future value and present value of various cash flows, and internal rates of return. The applications covered include creating savings plans for future goals, such as vacations and college educations, as well as valuing and accounting for bond investments.
After completing the course you should be able to:
- Define the concept of time value of money.
- Explain how to compute the future value of a variety of cash flows.
- Explain how to compute the present value of a variety of cash flows.
- Explain how to compute the internal rate of return of a variety of cash flows.
- Demonstrate how the concept of time value of money is applied to various savings plans and the valuation of assets and liabilities on the balance sheet.