Description
The papers in this volume originated from an international symposium held in April 2001 in Beijing, China. The symposium was sponsored by the Ministry of Finance of the People's Republic of China and was conducted by the National Institute of Accounting, in association with Tsinghua...
Description
Knowledge management is an emerging phenomenon in service and profit-oriented organizations. The survival of organizations in the 21st century's competitive business environment has been hinged on effective and efficient knowledge management practices.
Chinese Librarianship: an...
INTRODUCTION
CAPITAL BUDGEING:
An efficient allocation of capital is the most important finance function in modern times. It involves decisions to commit firm’s funds to long-term assets. Such decisions are tend to determine the value of company/firm by influencing its growth, profitability &...
Hey guy's i am looking for PM0012 - Project Finance and Budgeting Sem 3 Summer 2013 Assignments with Solution.
Q1. There are several elements which you can take into consideration, while budgeting a project. Explain these elements.,
Q2. Explain the different methods/sources to finance a...
Hey Friends i am Searching for PM0012 - Project Finance and Budgeting Assignments with Solution
Q1. There are several elements which you can take into consideration, while budgeting a project. Explain these elements.,
Q2. Explain the different methods/sources to finance a project?,
Q3...
hey guys i am looking for PM0012 [Project Financing & Budgeting] Set2 Assignments with Solution.
Q.1 Explain Break-even analysis?,
Q.2 Write short note on:
a. Payback period
b. Discounted cash flow
Q.3 List the various criterion's to be considered before identifying a...
hello guys i am searching for PM0012 [Project Financing & Budgeting] Set1 Assignments with Solution.
Q.1 Describe the types of tools and techniques used in cost management.,
Q.2 Describe various types of financial risks.,
Q.3 What is the present value of each cash flow.,
Q.4 What is...
Activities based budgets ("ABB") are based on the same concept as activities based costing ("ABC"). I.e. a budgeting/costing system that is based on all activities performed rather than, say, income statement line items or COGS elements. I.e. identify all the activities in the organization (e.g...
Description
A budget is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities, costs and expenses, assets, liabilities and cash flows.
Corporate Budgeting
Supporting strategy & financial management
The purpose...
Description
Capital budgeting is the planning of long-term corporate financial projects relating to investments funded through and affecting the firm's capital structure
Real Options and Rules of Thumb in Capital Budgeting
Robert L McDonald Finance Dept., Kellogg School Northwestern University...
Description
decision - a position or opinion or judgment reached after consideration; "a decision unfavorable to the opposition"; "his conclusion took the evidence into account"; "satisfied with the panel's determination"
A p p e n d i x
E
Capital Budgeting Decisions
LEARNING OBJECTIVES...
Description
A budget is a quantitative expression of a plan for a defined period of time. It may include planned sales volumes and revenues, resource quantities
ARTICLE IN PRESS
Journal of Accounting and Economics 41 (2006) 257–270 www.elsevier.com/locate/jae
Capital budgeting for new...
Description
Capital budgeting (or investment appraisal) is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth the funding of cash through the...
Description
Capital budgeting is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth pursuing. It is budget for major capital, or investment...
CAPITAL BUDGETING
Illustration – Calculation of NPV, Simple Payback and Discounted Payback
Happy Singh Taxiwala is a long established tour operator providing high quality transport to their clients. It currently owns and runs 250 cars and has turnover of A 100 lakhs p.a. The current system for...
Short Notes
Cost
The total money, time, and resources associated with a purchase or activity.
In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one...
Capital budgeting
Payback period
Quick and easy
Disregards time value of money
Disregards cash flow after payback
Discounted payback – not much better
Net present value
Sum of discounted cash flows
Including negative cash flow for initial investment
Positive – do
Negative – don’t do...