Capital investment decisions normally represent the most important decisions that an organization makes. One characteristic of all capital expenditure projects is the need to consider the time value of money. This CPE course explores the time value of money and expands on the three main reasons for it: consumption preferences, impact of inflation, and risk. It explains compound interest and discounting and includes exercises to apply your knowledge on those topics. It also includes information on the net present value, and the internal rate of return, as well and the advantages and disadvantages of both. In addition, this course explores the capital investment process, the post-completion audit, and project abandonment.
Business management & organizationProgram Level:
This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.