This course thoroughly covers the fundamentals of time value of money, including interest rates, future value, present value, and internal rate of return. Common personal and business applications are also demonstrated. Examples include saving for vacations and college educational costs, retirement planning, modeling future outcomes and sensitivity analysis, and investing in bonds and bond pricing. Time value of money is at the heart of virtually all financial decision making and it is important for business professionals to understand exactly how it works.
Course Key Concepts: Cash flow, single sum, ordinary annuity, annuity due, future value; present value, interest rate, internal rate of return.
Learning Objectives
- Discover and define the concept of time value of money.
- Explore and explain how to compute the future value of a variety of cash flows.
- Explore and explain how to compute the present value of a variety of cash flows.
- Identify and explain how to compute the internal rate of return of a variety of cash flows.
- Recognize and demonstrate how the concept of time value of money is applied to various savings and retirement plans and investments.
- 1. Budgeting Best Practices
- 2. Overview of SEC Compliance and Reporting for Public Companies
- 3. Internal Auditing For Supply Chain Fraud
- 4. Calculating Financial Forecast Accuracy - Improving Your and Your Company’s Forecast Performance
- 5. How Strategic Finance Planning Can Influence Not-for-Profit Decision Makers
- 6. Reading and Analyzing Financial Statements
- 7. Determining Cost of Capital on Products and Customers
- 8. Funding Growth
- 9. Acquisitions and Divestitures: Financial Modeling and Valuation
- 10. SECURE ACT: Impact on Contributions to and Distributions from Qualified Retirement Plans
2 Reviews (14 ratings)
Reviews
Prerequisites
No advanced preparation or prerequisites are required for this course.