Net present value (NPV) of investment appraisal and Internal Rate of Return (IRR) of capital budgeting are the two methods of using the discounted cash flow (DCF) to evaluate capital investment. This article is a continuation of two previous investment appraisal articles introduction to investment appraisal and investment appraisal- ROCE AND PAYBACK WHAT IS DISCOUNTED […]
Archives for September 2010
INVESTMENT ACCOUNTANT | WHO IS AN INVESTMENT ACCOUNTANT?
We are set out in this article to provide an answer to the question; ‘who is an investment accountant?’ An investment accountant is a finance professional who specializes in and is saddled with the responsibility of; identifying, collecting, collating, analyzing, interpreting, and communicating financial information to the investment community. We also talked about what knowledge […]
IMPORTANCE OF ACCOUNTING IN SCHOOLS
The importance of accounting in schools cannot be over emphasized. Schools are the main hub of every modern economy and would be pulled down to nut if the importance of accounting is not recognized and practiced in schools. In this article are straight forward benefits that schools of any kind gets simply by having an […]
IMPORTANCE OF BUSINESS ETHICS / IMPORTANCE OF ETHICS IN BUSINESS INVESTMENT
Business ethic is that aspect of corporate governance that has to do with the moral values of managers encouraging them to be transparent in business dealings. Business ethics takes into consideration the feelings of customers in fashioning out the services or goods that is given to our customers. It also takes into account the interest […]
ACCOUNTANTS’ ROLE IN THE ACCOUNTING INFORMATION SYSTEM
Accounting information system (AIS) is that subsystem of overall management information system that provides information to an organization in the right format, size, time frame, and within a budget. Accountants have many roles to play as far as accounting information system is concerned. In this article, you will learn the various roles that accountants play […]
QUALIFIED ACCOUNTANT: WHO IS A QUALIFIED ACCOUNTANT?
Having an accounting academic qualification is not enough for you to be called a qualified accountant / certified accountant– even when you are called, you are not one! Someone with B.Sc in accounting or MACC (Masters of Accountancy) qualification cannot be said to be a qualified accountant. As a matter of fact, passing all the […]
MILITARY QUALITIES YOU MUST HAVE AS AN ACCOUNTANT
Military training prepares individuals to perfectly fit into any other career that they decide to finally switch into. To be a good accountant, I have come to discover that one must be in possession of those quality that military men posses. Those qualities of the military that every accountants need is the subject matter of […]