Event Description

Debt is a common aspect of nearly every business in every industry. It allows companies to grow and expand. It also can increase rates of return for investors. For this reason, it is scrutinized very closely by stakeholders, so it is important for practitioners to get it right! In this course, we will be focusing on the basic aspects of dealing with debt. We will be discussing what an amortization table is, how to calculate interest, and various compounding methods. If you are new to accounting or bookkeeping, or stepping out on your own for the first time, this course is for you!

Objectives

– Recall different compounding methods for debt. – Calculate interest and principal portions of a debt payment. – Recognize how to tie out debt amortization schedule to the financial statements.