"Excel Time Value of Money Functions for CPAs" is a online self-study CPE course 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.
Learning Objectives
Upon successful completion of this course, participants will be able to:
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.
Major Topics
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
