Excel Time Value of Money Functions for CPAs FLEXCAST
Available Until
Your Desk
4.0 Credits
Member Price $98.00
Non-Member Price $113.00
Overview
This course is designed to enhance your understanding and application of crucial financial concepts using Excel. This online CPE course features detailed instructions on how to calculate present and future values of single sums and annuities, determine rates, periodic payments, and number of periods, and how to create comprehensive amortization tables. It also delves into the utilization of Excel’s CUMIPMT and CUMPRINC functions and the application in capital budgeting and data tables analysis. The benefits of this course are multifold. Not only will you gain a solid grasp of time value of money concepts, but you will also learn to apply these concepts effectively in Excel, boosting your efficiency and accuracy in financial planning and analysis. This self-study CPE course is a valuable asset for any CPA looking to enhance their skills in financial computation and Excel, ensuring you remain ahead in the fast-evolving field of accounting.
Highlights
The value of money concepts. Present value of single sum. Future value of single sum. Present value annuities. Future value annuities. Computing periodic rate. Annuities due. Uneven cash flows and capital budgeting.
Prerequisites
None.
Designed For
CPAs and other business and finance professionals.
Objectives
Identify time value of money concepts and Excel’s sign convention. Recognize the components and function arguments of Excel time value of money functions. Calculate the present value of a single sum, the future value of a single sum, the present value of annuities, and the future value of annuities. Calculate rate, number of periods, and payment. Calculate the cumulative interest payment for a time period and the cumulative principal paid for a period. Calculate internal rate of return and net present value. Recognize the use of data tables to analyze and calculate alternatives.
Preparation
None.
Notice
This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.
Leader(s):
Leader Bios
Joseph Helstrom, Western CPE
Joseph Helstrom, CPA, is a partner at CFO Resources, LLC, a company focused on training and courseware for CPAs. He’s also the owner of Mill Creek Publishing LLC. Joe has over 30 years of experience as a CPA in both public accounting and industry, with extensive experience in financial reporting and analysis, treasury, tax, information technology, legal and regulatory matters, and strategic planning.
After graduation from Butler University with a degree in accounting, Joe got his start at Ernst & Young. Subsequent to that, he has served for several different companies as a chief financial officer; director of treasury and tax; controller; and manager of financial planning, reporting, and analysis.
Joe and his wife, Patricia McCarthy, produce self-study courses for Western CPE and have published articles in Missouri and Texas CPA society publications titled “Incorporating Excel Arrays into Your Audit Plan.”
Non-Member Price $113.00
Member Price $98.00