Course Quick Facts

This course is designed financial professionals looking to gain a better understanding of the theoretical and practical considerations that go into capital funding decisions.

  • Course Length: Approximately 1.5 Hours

  • Field(s) of Study:

  • Finance (1.5 CPE credit)

  • Financing Strategies (1.5 CFP Board CE credit)

  • Course Level: Intermediate

  • Prerequisites: None

What We'll Cover...

Have you ever wondered why a company chooses certain ways of capital funding over others? Through analysis, discussion questions, and a review of prevailing financial theory, this course explores why some companies choose debt financing, while others choose equity financing.

  • Identify the key theories that inform our understanding of optimal capital structure

  • Recognize the components of Weighted Average Cost of Capital (WACC)

  • Indicate the reasons a company might use debt vs. equity financing



David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.

Course curriculum

  • 1


  • 2


    • Downloads

  • 3


    • Defining Capital, Capital Structure Theories, and Calculating WACC

  • 4


    • Knowledge Check 1

  • 5


    • Cost of Common Equity and Debt

  • 6


    • Knowledge Check 2

  • 7


    • Cost of Preferred Equity and Importance of WACC

  • 8


    • Knowledge Check 3

  • 9


    • Other Quantitative Measures

  • 10


    • Knowledge Check 4

  • 11


    • Choosing Debt vs. Equity and Summing It Up

  • 12


    • Final Exam

  • 13


    • Final Steps to Receive CE Credit(s)...

    • CE Credit Information

    • Thank You!

Single Course Price

Financial and Investment Advisory services offered through CFO Capital Management. Brokerage and Custodial Services offered through TD Ameritrade Institutional, member FINRA and SIPC. CFO-CM and TDA are not affiliated.  Tax services are provided by Peters Tax Preparation & Consulting, PC and are not provided by CFO Capital Management.

 David Peters Financial

Mail to: 8005-C, #129, Creighton Pkwy #129, Mechanicsville, VA 23111

1657 West Broad Street, #5, Richmond, VA 23220