Dr. Floros is providing a little preparation material for you to become comfortable with the financial vocabulary prior to the September workshops. The workshops and spring course you will have with him emphasizes capital depreciation schedules, discounted cash flows and corporate financial statements. It is helpful to be comfortable with basic financial concepts such as weighted average cost of capital (WACC), the time value of money, and internal rate of return (IRR). As such, he has personally put together a collection of online videos that cover these basic financial concepts for you to review below: