Capital Budgeting

Accountant's Guide to Capital Budgeting (Updated)

Course Overview:
This course is designed for accountants who must have financial knowledge but has not had formal training in finance. Topics include: valuation of stocks and bonds, time value of money, measurement of risks and rates of return, the cost of capital and capital budgeting techniques. The course concentrates on providing a working vocabulary for communicating on the above topics. The course uses examples and illustrations, with an emphasis on the practical application of financial concepts, tools, and methodology.

Learning Objectives:

After completing this course, participants should be able to:
  • Recognize the concept and use of the time value of money.
  • Calculate the present value of a future payment.
  • Recognize the components required to compute the return of an investment.
  • Define the risk-return trade-off used in understanding diversification.
  • Identify the types of risks reported by beta in its use in designing a portfolio.
  • Recognize the various methods of common stock valuation.
  • Recognize factors used in computing the overall cost of capital.
  • Define the capital budget.
  • Recognize the types of depreciation methods.
  • Identify how operating leverage affects a firm and compute total leverage.
  • Understand the components of working capital and how to compute work capital.
  • Recognize ways to better manage inventory, including the economic order quantity and the ABC inventory control method.

  • Content Partner:

    SmartPros Ltd.

    SmartPros Ltd. is a leader in online and offline continuing education for
    accounting, finance and engineering professionals. With over 2,000 hours of
    content, SmartPros has been providing mandatory continuing education
    products since 1981. SmartPros provides services and content to its
    professional and corporate clients, in a variety of media including Web, CD
    ROM, and video. In the accounting market, SmartPros also has a predominant
    news and information portal which receives 200,000+ visits per month and
    provides services to over 100,000 subscribers. SmartPros' customers include
    50% of the Fortune 500, as well as the major firms and associations in each
    of its professional markets.

    Prerequisites/Advanced Preparation:


    Speaker / Author:

    Steve Spafford is a CPA with DeltaCPE LLC, a national CPE provider.

    Software & Hardware Requirements:

    • 56k or Greater Internet Connection
    • Adobe Acrobat® Reader for the .pdf files
    • Adobe® Flash® Player 9 or higher
    • Modern DHTML Compatible Browser
    • Ram: 256 MB minimum
    • Windows or Mac OS


    Price (USD)

    Standard Rate: $99.80


    Course Code : 99DEL20

    Release Date : 09/11/2015
    Expire Date : 12/31/2019
    Credits :
    CPE 4.00
    QAS 4.00

    Course Level : Overview
    Course Type : New Standards
    Length : 3hr 20min
    Passing Grade : 70%
    Field Of Study : Finance
    Theme : Capital Budgeting

    Format Type : eLearning

    Included In

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