This book presents a range of investment appraisal methods and models to
help readers make good investment decisions. Each approach is thoroughly
described, evaluated, and illustrated using examples, with its
assumptions and limitations analyzed in terms of their implications for
investment decision-making practice. Getting investment decisions right
is crucial but due to a complex and dynamic business environment this
remains a challenging management task. As organizations continue to seek
a competitive edge, it is increasingly important that management
accountants and strategic decision-makers have a sound knowledge of
these tools. The effective appraisal methods presented in this book
provide such knowledge in support of investment decision-making.