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- Introduction
- Learning outcomes
- 1 Strategic management accounting
- 2 Strategic customer analysis
- 3 Principles of project appraisal
- 3.1 Relevant cash flows and sunk costs
- 3.2 The time value of money, discounting and present value
- 3.3 Why does the value of money depend on time?
- 3.4 Using the WACC as the discount rate for a project
- 3.5 Problems with using the WACC as the discount rate for a project
- 3.6 Using the CAPM to find a project-specific cost of equity
- 3.7 Problems with using the CAPM to find a project-specific cost of equity
- 3.8 Using a spreadsheet to model project evaluation
- 4 Dealing with risk and uncertainty in project appraisal
- 5 End-of-course exercises
- Conclusion
- Keep on learning
- Glossary
- Current section: References
- Acknowledgements
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Challenges in advanced management accounting
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