JN CPE Courses
JN Productions CPE Courses - PO Box 293024 - Lewisville, TX 75029
Phone (800)479-5636 Fax (443)222-0698
JN Productions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
About the Author
Dr. Jae K. Shim is one of the most prolific accounting and finance experts in the world. He is a professor of accounting and finance at California State University, Long Beach and CEO of Delta Consulting Company, a financial consulting and training firm. Dr. Shim received his M.B.A. and Ph.D. degrees from the University of California at Berkeley (Haas School of Business). Dr. Shim has been a consultant to commercial and nonprofit organizations for over 30 years.
Dr. Shim has over 50 college and professional books to his credit, including 2003 US Master Finance Guide, Barron’s Accounting Handbook, Barron’s Dictionary of Accounting Terms, GAAP 2003, Dictionary of Personal Finance, Investment Sourcebook, Dictionary of Real Estate, Dictionary of Economics, Dictionary of International Investment Terms, Encyclopedic Dictionary of Accounting and Finance, Corporate Controller’s Handbook of Financial Management, The Vest-Pocket CPA, The Vest-Pocket CFO, and the best-selling Vest-Pocket MBA.
Dr. Shim has been frequently quoted by such media as the Los Angeles Times, Orange County Register, Business Start-ups, Personal Finance, and Money Radio . Dr. Shim has also published numerous articles in professional and academic journals. He was the recipient of the Credit Research Foundation Award for his article on cash flow forecasting and financial modeling.
Course #7021 Printed Book ONLY
$20.00
Course #7021 Ebook (download)
$15.00
Order the book only:
-If you do not need CPE credit but are looking for excellent reference material.
-If you have already ordered the online course or the Mega CPE Special and now want to order the printed book. (No CPE credit is available if you have not ordered the complete course).
Order the book only:
-
Delivery Method: Self-Study. Make your purchase through our secure shopping cart. Once your purchase is completed, you will receive an e-mail with course access instructions.
Format: Online pdf text (Printed book available for addl. $20.00 plus s/h.)
Prerequisites: Basic Math, Basic Accounting
Advance Preparation Requirement: None
Level: Basic
CPE Credit: 5 Hrs. Finance
Price without printed book: $70
Price with printed book: $90 plus s/h
Course expiration: You have one year from date of purchase to complete the course.
Prerequisites: Basic Math, Basic Accounting
Advance Preparation Requirement: None
Level: Basic
CPE Credit: 5 Hrs. Finance
Price without printed book: $70
Price with printed book: $90 plus s/h
Course expiration: You have one year from date of purchase to complete the course.
Course Description/Learning Objectives: According to the FASB's recent guidance on fair value measurements ASC820-10-5 (FAS-157, Fair Value Measurements), Level 3 hierarchy accepts fair values estimates based on present value of expected future cash flows. Furthermore, CPAs must have a working knowledge of future value and present value concepts because of their application to numerous types of business events and transactions which require proper valuation and presentation. Time value of money is also a critical consideration in financial and investment decisions. For example, compound interest calculations are needed to determine future sums of money resulting from an investment. Discounting is used to evaluate the future cash flow associated with capital budgeting projects. This course aims at presenting the time value tools and techniques that are necessary for fair value measurements and for various financial decision making.
Learning Objectives:
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Identify accounting topics where the time value of money is relevant.
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Distinguish between simple and compound interest.
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Illustrate the power of compounding.
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Outline the concept of future value, with both annual and intrayear compounding.
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Distinguish between future value and present value concepts.
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Calculate the future value of a single payment and an annuity.
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Calculate the present value of a single payment and an annuity.
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Compare and contrast future value and present value tables.
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Solve for unknowns such as the interest rate, number of periods, and bond yield.
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Apply expected cash flows to present value measurement.
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Determine some important financial variables such as a sinking fund amount, the monthly payment of an amortized loan, and annual percentage rate (APR).
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