Finance  |  Format: Flash

Economic Value Added (EVA) or Economic Profit

Course Overview:
The purpose of this course is to enable the user to become familiar with the concept of
economic profit and how it differs from GAAP net income. The use will also understand how
economic profit compares with other performance metrics such as DCF, ROI, and EPS.

Learning Objectives:
After completing this course, the course participant should be able to:

  • Identify the differences between net income or earnings per share (EPS) and economic profit.
  • Identify related performance metrics associated with understanding economic profit.
  • Recognize how to apply economic profit to a live situation.
  • Indicate the strengths and weaknesses of economic profit.
    Catalog Number: 99FLE26
    CPE Credits: 1 Registry / 1 QAS
    Author: John M. Fleming, CPA, MBA
    Advanced Preparation:
    Course Level: Basic
    Field of Study: Finance
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Apr 10, 2015 / Aug 14, 2020