TAILIEUCHUNG - Lecture Accounting: Tools for business decision making (5th edition): Chapter 24 - Kimmel, Weygandt, Kieso

Chapter 24 - Planning for capital investments. In this chapter students will be able to: Describe capital budgeting inputs and apply the cash payback technique, use the net present value method, identify capital budgeting challenges and refinements, use the internal rate of return method, use the annual rate of return method. | PLANNING FOR CAPITAL INVESTMENTS Accounting, Fifth Edition 24 After studying this chapter, you should be able to: Discuss capital budgeting evaluation, and explain inputs used in capital budgeting. Describe the cash payback technique. Explain the net present value method. Identify the challenges presented by intangible benefits in capital budgeting. Describe the profitability index. Indicate the benefits of performing a post-audit. Explain the internal rate of return method. Describe the annual rate of return method. Learning Objectives Preview of Chapter 24 Accounting Fifth Edition Kimmel Weygandt Kieso Corporate capital budget authorization process: Proposals for projects are requested from each department. Proposals are screened by a capital budget committee. Officers determine which projects are worthy of funding. Board of directors approves capital budget. LO 1 Discuss capital budgeting evaluation, and explain inputs used in capital budgeting. The Capital Budgeting Evaluation Process LO 1 1. Project proposals are requested from departments, plants, and authorized personnel. 2. Proposals are screened by a capital budget committee. 3. Officers determine which projects are worthy of funding . 4. Board of directors approves capital budget Illustration 24-1 The Capital Budgeting Evaluation Process Cash Flow Information For purposes of capital budgeting, estimated cash inflows and outflows are the preferred inputs. Why? LO 1 Discuss capital budgeting evaluation, and explain inputs used in capital budgeting. Ultimately, the value of all financial investments is determined by the value of cash flows received and paid. The Capital Budgeting Evaluation Process Cash Flow Information LO 1 Discuss capital budgeting evaluation, and explain inputs used in capital budgeting. The Capital Budgeting Evaluation Process Illustration 24-2 Typical cash flows relating to capital budgeting decisions Capital budgeting decisions depend on: Availability of funds. Relationships among .

• Kế toán - Kiểm toán
• Capital investments
• Cash flow information
• Financial Statements
• Making business decision
• Business decision tool
• Lecture Accounting
• Managerial Accounting
• Lecture Managerial Accounting
• Kế toán quản trị
• Planning for Capital Investments
• Capital budgeting evaluation
• Survey of accounting
• Lecture Survey of accounting
• Reinvestment assumption
• Internal rate of return
• Accounting for cash
• Accounting cycle
• Essentials of Investments
• Capital Asset Pricing
• Arbitrage Pricing Theory
• Resulting Equilibrium Conditions
• Capital Market Line
• Market Risk Premium
• Investment environment
• Lecture Investments
• Active portfolio management
• Capital markets
• Capital allocation
• Risk free asset
• Capital asset pricing model
• Ebook Essentials of investments
• Investment companies
• Debt securities
• Portfolio theory
• Securities markets
• Equilibrium in capital markets
• Financial instruments
• The capital asset pricing model
• Capital controls
• Short term investments
• Long term investments
• Foreign direct investment
• Development economics
• Financial and managerial accounting
• Discounted cash flow
• Cost management
• Cost systems
• Operational performance measurement
• Strategic performance measurement
• Lecture Cost management