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Capital Budgeting 3 Credits

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Aug 09, 2022 | 10:00 AM ET

Learning Objective

  • To identify capital budgeting and the steps undertaken in developing and implementing capital budgets.
  • To recognize relevant and irrelevant costs related to capital budgeting.
  • To identify and calculate the pre-tax and post-tax cash flows related to - the initial investment of a capital project - during the period the project is in operation from revenue, operating expense, and changes to working capital - the end of a capital projects life.
  • To explore the methods payback method, discounted payback method, NPV, IRR for acceptability of a project, advantage, and limitations.
  • To identify capital rationing, mutually exclusive, and independent projects.
  • To recognize why cash flows and discount rates should be adjusted if project cash flows are more or less risky than normal.
  • To identify alternative approaches to dealing with risk in capital investments.
  • To recognize capital budgeting risk analysis techniques
  • To identify the rationale for using real options to mitigate project risk, different types of real options available to management, and the problems comparing projects of unequal sizes and/or unequal lives.

Course Overview

Several factors make investment decisions using capital budgeting one of the most important functions.  Capital budgeting and improvement plans are all about projects requiring collaboration across multiple departments touching disparate systems such as budgeting, performance, reporting, and communications. Financial managers in long term decision making based on capital budgeting are also involved with: 

  • Capital used to fund investment projects is limited, and must be carefully allocated across the entire business. 
  • Investments require the use of large amount of cash, limiting future financial flexibility. 
  • If a firm invests too much into a capital project, it could have high depreciation on an asset with limited value. 
  • If a firm invests too little into a capital project, it may have limited capacity, putting it at a disadvantage versus competitors. 
  • Timing is important, ideally investment projects are completed as close to when they are needed. 

This webinar provides an overview of the concepts of capital budgeting for investment decision making from the perspective of a finance and accounting organization, emphasizing the integration of cash flows, net present value analysis, risk assessment and risk management. The webinar starts with an overview of the capital budgeting process and then reviews the analysis of cash flows during the development, operating and end of project phases. 

Topics include: 

  • Capital Budgeting Process
  • Cash Flow Analysis
  • Payback and Discounted Payback
  • Net Present Value (NPV) and Internal Rate of Return (IRR)
  • Risk Analysis in Capital Budgeting
  • Evaluating and Ranking Capital Projects
  • Risk Mitigation Using Real Options

Elevate your valuation expertise with MY-CPE's top-tier CVA CPE courses, tailored specifically for professionals looking to advance in the field of Certified Valuation Analysts. At MY-CPE, we pride ourselves on offering courses that not only fulfill your CPE requirements but also enhance your understanding and skills. Our comprehensive selection of CVA CPE courses is designed to keep you at the forefront of valuation knowledge, ensuring you remain competitive and proficient in your career.

  • 3 CPE Credit of Finance for Certified Public Accountants (CPA-US)
  • 3 General Credit of Finance for Accountant/Bookkeeper/Tax Professionals
  • 3 CPE Credit of Corporate Finance for Certified Management Accountants (CMA)
  • 3 CPE Credit of Budgeting for Chartered Global Management Accountants (CGMA)
  • 3 CPE Credit of Finance for Certified Valuation Analyst (CVA)
  • 3 PL Credit of Finance for Chartered Financial Analyst (CFA)
  • 3 CE Credit of Financial Planning for Chartered Financial Consultant (ChFC)
  • 3 CPE Credit of Finance for Certified Government Financial Manager (CGFM)
  • 3 CE Credit of Financial Risk Management for Certified Treasury Professional (CTP)
  • 3 CE Credit of Financial Planning for Retirement Income Certified Professional (RICP)
  • 3 CE Credit for Certified Wealth Strategist (CWS)
  • 3 CE Credit for Certified Fiduciary and Investment Risk Specialist (CFIRS)
  • 3 CE Credit of Financial Planning for Financial Services Certified Professional (FSCP)
  • 3 CE Credit of Financial Planning for Wealth Management Certified Professional (WMCP)
  • 3 CE Credit of General finance principles and financial concepts for Certified FP&A Professional (FP&A)
  • 3 CPE Credit of Finance for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
  • 3 CE Credit of Financial Planning for Chartered Advisor in Senior Living (CASL)
  • 3 CPE Credit of Finance for Iowa Licensed Public Accountant (IA-LPA)
  • 3 PL Credit of Finance for CIPM
  • 3 CE Credit of Financial Planning for Chartered Special Needs Consultant (ChSNC)
  • 3 CPE Credit of Finance for Maine Licensed Public Accountant (ME-LPA)
  • 3 CPE Credit of Finance for Delaware Licensed Public Accountant (DE-LPA)

  • 3 CPE Credit of Finance for Certified Public Accountants (CPA-US)
  • 3 General Credit for Accountant/Bookkeeper/Tax Professionals
  • 3 CPE Credit of Planning, Budgeting, and Forecasting for Certified Management Accountants (CMA)
  • 3 CPE Credit of Budgeting for Chartered Global Management Accountants (CGMA)
  • 3 CPD Credit of Finance for Accredited in Business Valuation (ABV)
  • 3 CPE Credit of Finance for Certified Valuation Analyst (CVA)
  • 3 PL Credit of Finance for Chartered Financial Analyst (CFA)
  • 3 CE Credit for Chartered Financial Consultant (ChFC)
  • 3 CPE Credit for Certified Government Financial Manager (CGFM)
  • 3 CE Credit of Financial Risk Management for Certified Treasury Professional (CTP)
  • 3 CE Credit for Retirement Income Certified Professional (RICP)
  • 3 CE Credit for Certified Wealth Strategist (CWS)
  • 3 CE Credit for Certified Fiduciary and Investment Risk Specialist (CFIRS)
  • 3 CE Credit for Financial Services Certified Professional (FSCP)
  • 3 CE Credit for Wealth Management Certified Professional (WMCP)
  • 3 CE Credit for Certified FP&A Professional (FP&A)
  • 3 CPE Credit of Finance for Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
  • 3 CE Credit for Chartered Advisor in Senior Living (CASL)
  • 3 PL Credit of Finance for CIPM
  • 3 CE Credit for Chartered Special Needs Consultant (ChSNC)

Additional Information

Credits

3

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) 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.

About Instructor

He has worked at the intersection of entrepreneurship, business leadership, technology, and education for over 25 years, resulting in a wide range of skills and experiences...

Entrepreneur:

  • Founder and CEO of two successful businesses: Appitur® Co. (EdTech) and CPE University (training for accountants).
  • Advisor and investor for startups in food services, online retail, and technology.

Business Leadership:

  • Progressively responsible roles for multi-national firms in the manufacturing and software industries (Controller -> CFO and IT Director -> VP of Client Services).

Technology:

  • Business Fellow for the Analytics Center of Excellence at Villanova University School of Business.
  • Sold and delivered over $4 million of successful consulting projects.

Education:

  • Developed and delivered over 1,300 hours of live Continuing Professional Education (CPE) for financial professionals.
  • Created and taught undergrad and MBA courses in accounting and analytics for a top US university.


On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

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WC

William Cony,

The presenter was simply great. He helped me with more explanation on the matter on personal chat as well as after the webinar. I also received some information about how I may be able to use some functions that are popularly ignored. It was very impressive. Thank you MyCPE.

TM

Tony Meyer,

The presentation of Thomas as the subject matter was impressive. I was not bored as points of learning were accompanied by relevant examples and the seminar was interactive. This is especially important for long webinars. I will use MyCPE again for earn CPE.

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

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