From ACT Wiki
(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| 1.
| | ''UK Tax.'' |
|
| |
|
| The evaluation and selection of projects which are most likely to maximise shareholders' wealth, by the comparative analysis of their expected cashflows.
| | Stamp Duty Land Tax. |
| | |
| | |
| 2.
| |
| | |
| Similar evaluation techniques taking account of additional factors and considerations - as well as the expected project cashflows - including for example the existence of real options.
| |
| | |
| | |
| Also known as ''Project analysis.''
| |
| | |
| | |
| '''Points to note'''
| |
| | |
| Note for both definitons above that ''projects'' are anything involving expenditures for which the benefits, or some of them, occur at a different time from that of the expenditure or some it.
| |
| | |
| As well as capital expenditure, included are, for example, acquisitions and disposals, marketing expenditure, advertising, staff training or buying a new coffee pot for a staff refreshment station.
| |
| | |
| It is only worthwile devoting time and effort in formal project appraisal for projects involving material amounts of expenditure.
| |
|
| |
|
|
| |
|
| == See also == | | == See also == |
| * [[Real option]] | | * [[Stamp duty land tax]] |
| * [[Real options valuation]]
| |
| * [[Sunk costs]]
| |
| | |
| | |
| === Other resources ===
| |
| * [[Media:2015_07_July_-_Hidden_treasure.pdf| Hidden treasure, The Treasurer, 2015]]
| |
|
| |
|
| [[Category:Corporate_finance]] | | [[Category:Accounting,_tax_and_regulation]] |
Revision as of 09:28, 8 October 2013
UK Tax.
Stamp Duty Land Tax.
See also
