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Courses/Accounting & Tax/Financial Accounting

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.
4.7
(64 reviews)
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

Your Instructors

Lambers Inc.
Lambers Inc.
menu_book146 courses
star5,391 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
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

Do these courses count toward my professional development requirements?

This portal is provided as a training and development resource for City of Markham employees. Every course is delivered by a qualified subject matter expert or learning organization, is quantifiable in hours, and is verifiable — you receive a documented certificate of completion for every course you finish, stored on LearnFormula indefinitely.

If you hold a professional designation (for example in engineering, accounting, human resources, or law), courses may be counted as professionally relevant, verifiable learning activities toward your continuing professional development. Individual practitioners are responsible for confirming that an activity meets the requirements of their professional body. For questions about the City of Markham's training and development policies, please speak with your people leader or Human Resources.

What Students Are Saying

4.7
Student's Choice
64 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 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.