Green funds are collection of public funds by fund managers with promise of investing in green projects. Some green fund will promise not to invest in tobacco while green funds will promise not to invest in non-renewable energy projects. A good example of green fund is the alternative energy mutual funds. This brings us to […]
Archives for July 2010
IMPORTANCE OF ACCOUNTING IN CHURCHES
The importance of accounting in the church is a controversial issue that is giving a lot of clergymen and women concern in our modern world. This is particularly important now that churches have been taken to be a profitable business venture. Without prejudice, this is a fact that may be difficult for some people to […]
USERS OF AIS
AIS are an acronym used to represent that aspect of MIS (management information system) that deals with accounting informational flows. AIS stand for accounting information system. The main classes of people that use AIS (users of AIS) are the accountants and auditors that can act in various capacities. Below are the major users of accounting information […]
RELEVANT CASH FLOWS OF CAPITAL BUDGETING
Relevant cash flows of capital budgeting and investment appraisal are one area that confuses people a lot. This confusion is common amongst students that are taking financial management as a course in their bid to become finance professionals. The motivation for writing this article is to clear this confusion on what is relevant cash flow and […]
WHAT IS A GOOD INVESTMENT?
What is investment was on the lips of many people some years back during the dotcom era before the investment community was shaken to its root during the economic crisis. But, the question has dramatically changed to what is a good investment now that the global economic crisis and its adverse effects still stir on […]
INVESTMENT APPRAISAL SHOULD ADD VALUE TO THE OVERALL FORTUNE OF A BUSINESS
Investment appraisal is a scientific process of evaluating the financial and non-financial factors to determine the economic viability of an investment opportunity. Another name for investment appraisal is capital budgeting. Companies create value for the owners of a company by investing in projects that have positive NPV (net present value). The reason behind this is […]
CAPITAL BUDGETING PROCESS; MEANING AND PROCESS
Capital budgeting is a scientific process of identifying, analyzing, selecting and implementing investment projects with returns that are expected to span over more than one year. Capital budgeting is also referred to as investment appraisal. The importance of capital budgeting in the process of investing cannot be over emphasized as capital budgeting gives a calculated […]