Catalogue

Description

Capital investment: Real options in capital budgeting (Part 1)

This course will be an overview of:

• Motivation for use of real options in capital budgeting.
• Types of real options in business investment decisions.
• Valuation of real options.
• Application of real option analysis to business investment decisions.
• Post-audit process.
• Impact of the COVID-19 pandemic on capital investment.

After completing this course, the learner should be able to:

• Define types of real options in business.
• Calculate the value of various real options.
• Model business decisions using real options.
• Recognize the steps in the post-audit process.
• Recognize the impact of the COVID-19 pandemic on capital investment.

Capital investment: Risk analysis in capital budgeting (Part 2)

This course will be an overview of:

• The process for making capital investment decisions and creating capital budgets.
• Types of risks inherent in the capital investment process.
• Strategies for incorporating risk analysis into the capital investment decision-making process.
• Ways companies in technology and manufacturing sectors continue to make capital investment decisions, despite the COVID-19 pandemic.

After completing this course, the learner should be able to:

• Define capital investment, capital expenditures, and capital budgeting.
• Recognize the capital budgeting process in a corporate setting.
• Identify types of risks involved in making capital investments.
• Apply risk analysis strategies to the decision-making process.
• Recognize the current capital investment landscape, particularly due to the COVID-19 pandemic.

Capital investment: Cash flow analysis in capital budgeting (Part 3)

This course will be an overview of:

• The framework for capital budgeting for purposes of making investment decisions.
• Techniques and methods for forecasting and evaluating cash flows.
• The COVID-19 pandemics effect on capital investment, cash flow estimation, and cash flow evaluation.

After completing this course, the learner should be able to:

• Recognize the basic terms, concepts, and steps involved in the capital budgeting process.
• Identify relevant cash flows for forecasting.
• Analyze cash flows for purposes of asset expansion and asset replacement projects.
• Evaluate cash flows using various techniques and models, including net present value, internal rate of return, modified internal rate of return, profitability index, payback period, discounted payback, and accounting rate of return.
• Identify the impact of the COVID-19 pandemic on capital investment, cash flow estimation, and cash flow evaluation.