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Time Value of Money - Concepts and Applications

Course covers time value of money, a concept at the heart of economics, finance, & business decision making that also is frequently used by accountants when valuing assets & liabilities.

Created byLambers Inc.
BeginnerUpdated Jan 22, 2025
Time Value of Money - Concepts and Applications

What You'll Learn

  • check_circleDefine the concept of time value of money.
  • check_circleExplain how to compute the future value of a variety of cash flows.
  • check_circleExplain how to compute the present value of a variety of cash flows.
  • check_circleExplain how to compute the internal rate of return of a variety of cash flows.
  • check_circleDemonstrate 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.

About This Course

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.

Field of Study: Accounting

Course Content

2 activities • 1 videos • duration: 1h 15m

remove
Section 11 videos • 1 quiz • 1.3 hours
  • videocamTime Value of Money - Concepts and Applications
    Duration 75:17
  • quizReview Questions
add
Section 21 quiz

Your Instructors

Lambers Inc.

menu_book100 courses
star4,584 reviews

Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.

Jamie Pratt

CPA

Jamie Pratt was the Alva L. Prickett Chair of Accounting at the Kelley School of Business at Indiana University in Bloomington, Indiana, and now holds the title of Distinguished Emeritus Professor. He received his doctorate in business from Indiana University in 1977, and has held faculty positions at the University of Washington (Seattle), the University of Zurich (Switzerland), Northwestern University and INSEAD (Fontainebleau, France), returning to Indiana in 1991. Jamie’s research interests are in financial reporting and analysis, where he has published over 30 articles in the top academic research journals (including The Accounting Review, Journal of Accounting Research, Contemporary Accounting Research, Accounting, Organizations and Society, and Issues in Accounting Education), and he has taught courses in financial reporting and analysis at every level (introductory, intermediate, advanced) in every program (undergraduate, MBA, PhD). He has received over 30 teaching awards and recognitions, and also taught executive education courses throughout the world. Research and/or teaching recognitions have also come from the following organizations: American Accounting Association, American Taxation Association, Big 4 accounting firms (KPMG and PriceWaterhouseCoopers), Indiana Society of CPAs, the Universities of Manchester (England), Kwansei Gakuin (Japan) and Kentucky, and Business Week magazine. His resume also includes two textbooks (one in its 11th edition), two computer-based interactive case platforms, a financial analysis case book, and several instructor guides that support these products.

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

4.7 out of 5
Student's Choice
68 reviews
  • AR
    Anu R.
    starstarstarstarstar

    Amazing!!!

  • KC
    Kiyomi C.
    starstarstarstarstar

    It covers basic concepts of time value of money.

  • RH
    Rejeanne H.
    starstarstarstarstar

    Really liked the course. Would have liked a bit more examples and time to work through problems to better understand the concepts. But overall, very good.

  • HG
    Hayley G.
    starstarstarstarstar

    Good overview of Bond concepts.

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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