Author : | Christopher J Demaline, CPA, CMA, CFE, MBA |
Course Length : | Pages: 30 ||| Word Count: 8724 ||| Review Questions: 10 ||| Final Exam Questions: 8 |
CPE Credits : | 1.5 |
IRS Credits : | 0 |
Price : | $13.45 |
Passing Score : | 70% |
Course Type: | NASBA QAS - Text - NASBA Registry |
Technical Designation: | Technical |
Primary Subject-Field Of Study: | Accounting - Accounting for Course Id 2113 |
Description : | The purpose of this course is to provide an overview of the Discounted Cash-Flow (DCF) Method of valuation. The DCF method requires that an estimated cash flow and a risk-adjusted discount rate be determined. This course summarizes commonly-used cash-flow proxies and discount rate estimation tools. |
Usage Rank : | 36923 |
Release : | 2023 |
Version : | 1.0 |
Prerequisites : | None. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Additional Links : |
What Is Asset Valuation? Absolute Valuation Methods, and Example
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Advance Preparation : | None. |
Delivery Method : | QAS Self Study |
Intended Participants : | Anyone needing Continuing Professional Education (CPE). |
Revision Date : | 29-Jan-2023 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | NASBA QAS - Text - NASBA Registry - 2113 |
Keywords : | Accounting, Asset, Valuation, Using, Discounted, Cash, Flows, v13, cpe, cpa, online course |
Learning Objectives : |
Course Learning Objectives
2. Compare cash flow to U.S. GAAP-based net income 3. Recognize the relationship between risk and reward 4. Recognize commonly-used discount rate models 5. Understand how assets are valued using a discounted cash flow model Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
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Course Contents : | Chapter 1 - Introduction Review Questions Chapter 2 - Valuation - Background Review Questions Chapter 3 - Future cash flows Cash Flow vs. U.S. GAAP-based Net Income Cash Flow Estimation Models Cash Flow Model – EBITDA Cash Flow Model – Income from Continuing Operations Cash Flow Model – S&P Core Earnings Summary – Cash Flow Estimation Review Questions Chapter 4 - Discount rate Risk–Reward Relationship Estimating the Discount Rate Capital Asset Pricing Model (CAPM) Arbitrage Pricing Model (APM) Comparison of APT and CAPM Summary – Discount Rate Review Questions Chapter 5 - The complete model - Value equals estimated cash flow divided by the discount rate Conclusion Review Questions Glossary |