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Our MYOB accounting practice sets teach students the practical skills essential to accounting using the MYOB accounting software package. This requires students to complete a one-month accounting cycle for a fictional business with all posting, journalising and financial reporting completed using the actual MYOB accounting software.
- Course related:
- AF3211 Accounting Information System
- Subjects:
- Accounting
- Keywords:
- Accounting -- Computer programs MYOB (Computer program)
- Resource Type:
- Others
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Students read about cash flow problems and review suggestions for dealing with them.
- Subjects:
- Accounting
- Keywords:
- Cash flow
- Resource Type:
- Others
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Learners examine a bank statement and a reconciliation form and study how to balance a checking account.
- Subjects:
- Accounting
- Keywords:
- Financial statements Accounting
- Resource Type:
- Others
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Present value (PV) is the current value of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount rate, and the higher the discount rate, the lower the present value of the future cash flows. Determining the appropriate discount rate is the key to properly valuing future cash flows, whether they be earnings or debt obligations. In this page, you will learn about: (1) Present value states that an amount of money today is worth more than the same amount in the future. (2) In other words, present value shows that money received in the future is not worth as much as an equal amount received today. (3) Unspent money today could lose value in the future by an implied annual rate due to inflation or the rate of return if the money was invested. (4) Calculating present value involves assuming that a rate of return could be earned on the funds over the period.
- Course related:
- AAE4007 Aircraft Leasing and Finance
- Subjects:
- Finance and Accounting
- Keywords:
- Business mathematics Present value analysis
- Resource Type:
- Others
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Others
This provides all the resources to help you prepare for the Applied Knowledge, Applied Skills and Strategic Professional exams.
- Course related:
- AF5141 Corporate Financial Accounting
- Subjects:
- Accounting
- Keywords:
- Association of Chartered Certified Accountants (Great Britain) Accounting -- Examinations
- Resource Type:
- Others