Accounting Foundations: Making Business Decisions Using IRR and NPV
With Jim Stice and Earl Stice
Liked by 1,016 users
Duration: 1h 42m
Skill level: Intermediate
Released: 12/23/2020
Course details
Business leaders eying risky investments have no more ability to peer into the future than the average family deciding on a home. They do, however, have time-tested strategies—including the calculation and consideration of net present value (NPV) and internal rate of return (IRR)—to help them structure their long-term decisions. In this course, accounting and finance professors Jim and Kay Stice delve into these concepts, explaining how calculating NPV and IRR, as well as applying the foundations of the time value of money, can help businesses make smart decisions. Jim and Kay cover the importance of determining the amount, timing, and riskiness of future cash flows when deciding whether to undertake a long-term project. They also discuss how to construct a capital budgeting analysis, calculate NPV and IRR, assess opportunity costs, and more. Along the way, they provide lighthearted, practical examples that illuminate how each concept plays out in the real world.
Skills you’ll gain
Meet the instructors
Learner reviews
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Richard E. Preston, PMP
Richard E. Preston, PMP
Project Management Catalyst | Empowering Success, Amplifying Efficiency, and Elevating Customer Satisfaction through Leadership and Collaborative…
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Joy Yu
Joy Yu
Sales Manager @ GGM Gastro | Commercial Kitchen Equipments | Business to Business | Hotel & Restaurant Supplies
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Sanjay Dey🧭 Supply Network Strat. E2E Portfolio, Manufacturing
Sanjay Dey🧭 Supply Network Strat. E2E Portfolio, Manufacturing
Director I End-to-End Product-Manufacturing-Supply Network Strategy I Lean-OE I Sustainability I Digital Transformation I Capital Projects I…
Contents
What’s included
- Practice while you learn 1 exercise file
- Test your knowledge 5 quizzes
- Learn on the go Access on tablet and phone
- Stay up to date Continuing Education Units