Excel Time Value of Money Functions for CPAs

Price: $33.35

CPE Credits: 3.5

Category: ,

Course Number: EXMCTVM7/CXTIMEMC

time value

Description:
This course uses practical examples to provide an overall understanding of time value of money concepts and to illustrate time value of money functions in Microsoft Excel.  The course covers present and future values of both single sums and annuities as well as computing the rate, periodic payment and number of periods in accounting and financial planning scenarios.  Also included is the creation of an amortization table, Excel CUMIPMT and CUMPRINC functions, capital budgeting and the use of data tables. The course is intended for intermediate to advanced Excel users.This course provides step by step instruction however it does not include exercise files as the examples are simple and can be created easily. This course covers two functions that were introduced in Excel 2013. If you do not have Excel 2013 or a higher , you will only be able to read about these  2 functions. Table of Contents

Delivery Method: QAS Self Study.

Level: Overview.

Version: Designed for Excel 2013 and higher but can be used with older versions.

Prerequisites: Basic understanding of file management and functions

Advanced Preparation: None

Author: Joseph P. Helstrom, CPA

Publication: April 2011
Revision:  January 2017

Format: PDF  – There are NO associated Excel files.
Pages: 81

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify which Excel time value of money function should be used in a given circumstance
  • Associate compounding periods with the appropriate adjustments to rate and number of periods
  • Identify Excel’s sign convention
  • Recognize how to solve for rate, number of periods and payment
  • Recognize how to use Capital budgeting for internal rate of return and net present value
  • Recognize how to use data tables to present alternatives

 

Description:
This course uses practical examples to provide an overall understanding of time value of money concepts and to illustrate time value of money functions in Microsoft Excel.  The course covers present and future values of both single sums and annuities as well as computing the rate, periodic payment and number of periods in accounting and financial planning scenarios.  Also included is the creation of an amortization table, Excel CUMIPMT and CUMPRINC functions, capital budgeting and the use of data tables. The course is intended for intermediate to advanced Excel users.This course provides step by step instruction however it does not include exercise files as the examples are simple and can be created easily. This course covers two functions that were introduced in Excel 2013. If you do not have Excel 2013 or a higher , you will only be able to read about these  2 functions. Table of Contents

Delivery Method: QAS Self Study.

Level: Overview.

Version: Designed for Excel 2013 and higher but can be used with older versions.

Prerequisites: Basic understanding of file management and functions

Advanced Preparation: None

Author: Joseph P. Helstrom, CPA

Publication: April 2011
Revision:  January 2017

Format: PDF  – There are NO associated Excel files.
Pages: 81

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Identify which Excel time value of money function should be used in a given circumstance
  • Associate compounding periods with the appropriate adjustments to rate and number of periods
  • Identify Excel’s sign convention
  • Recognize how to solve for rate, number of periods and payment
  • Recognize how to use Capital budgeting for internal rate of return and net present value
  • Recognize how to use data tables to present alternatives

 

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