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Inflation - Key Concepts and Business Financial Management

Understanding Inflation's Impacts and How to Mitigate Them

Created byRob Stephensworkspace_premiumBest Instructor
BeginnerUpdated Aug 24, 2024

What You'll Learn

  • check_circleRecognize indexes used to track prices and inflation.
  • check_circleIdentify ways to mitigate the adverse impacts of inflation.
  • check_circleRecall the impact of inflation on capital expenditure analysis.
  • check_circleIdentify pricing tactics and strategies to maintain profitability during periods of high inflation.

About This Course

After decades of low inflation, prices spiked in the 2020s. Inflation was back, but a generation of managers had little experience with it. That lack of experience caused companies to make mistakes when inflation started its fast ascent. Financial leaders need to relearn the skills and insights that guided companies through the high inflation of the 1970s and 1980s.

This course is broken into two sections. The first section will cover some key concepts about inflation. You'll learn:

  •                    What is inflation
  •                     The Federal Reserve's role in managing inflation
  •                     The indexes used to measure inflation
  •                     How to calculate inflation
  •                     A historical look at inflation and its causes
  •                     The advantages and disadvantages of inflation
  •                     Consumer reactions to inflation

The second section builds on these concepts to provide implications for company financial management. I'll explain:

  •                     How to prepare for inflation
  •                     The importance of cash management
  •                     Ways to earn more income and protect your cash during inflation
  •                     Pricing tactics and strategies
  •                     Inflation implications for capital expenditures
  •                     Tips and ideas for many aspects of company financial management

Course Content

3 activities • 12 videos • duration: 1h 44m

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Inflation Concepts6 videos • 1 quiz • 49 min
  • videocamAn Inflation Case Study
    Duration 4:43
  • videocamWhat is Inflation?
    Duration 5:31
  • videocamThe Fed and Inflation
    Duration 11:20
  • videocamInflation Indexes
    Duration 9:53
  • videocamDeflation, Hyperinflation, and Everything in Between
    Duration 11:08
  • videocamInflation Advantages, Disadvantages, and Consumer Reactions
    Duration 6:55
  • quizReview Questions #1
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Financial Management Through Inflation6 videos • 1 quiz • 54 min
add
Final Assessment1 quiz

Your Instructor

Rob Stephens

Founder of CFO Perspective

menu_book34 courses
star5,082 reviews

Rob Stephens is the Founder of CFO Perspective, which provides continuing education courses for CPAs and financial management courses for business advisors and staff. He has been quoted in Forbes, U.S. News and World Report, Bloomberg Businessweek, and many other news sources. He is also the author of Key Performance Indicators and KPI Dashboards. Rob has a 30-year career that includes serving as a CFO, Director of Operations, and SVP of Finance. Rob is an adjunct instructor for the MBA program at Gonzaga University. Rob holds a Masters of Science in Personal Financial Planning and a Graduate Certificate in Financial Therapy from Kansas State University. He received a B.A. in Business Administration from the University of Washington.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5 out of 5
Student's Choice
28 reviews
  • BH
    Boedi H.
    starstarstarstarstar

    The course gave good refresher and knowledge.

  • KF
    Karen F.
    starstarstarstarstar

    Good refresher...lived the inflation, wage and price controls, GPL adjusted financial statements of the 70s and early 80s...fundamentals don't necessarily change but the parameters do.

  • SS
    Samuel S.
    starstarstarstarstar

    Good course and good instructor

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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