Capital budgeting refers to the planning process undertaken by an organization to determine whether the firm’s future investments are worth undertaking. It is a sequential process that involves steps in arriving at the investment decision. Capital budgeting therefore a deliberate 7-step -by step decision analysis aimed at measuring the strategic strengths and the investment viability f a project. To help sustain this process, an organization engages in Project identification where projects are outsourced without proper analysis of their future profitability.

Continue reading →

            Accounting information systems is a system composed of people, procedures and instructions, data software. Information technology infrastructure and  internal controls. Most companies create value for shareholders using business processes. Considering the dynamism of stakeholder needs, management must continuously engage in updating their business processes. Business process management is therefore a set of tools and techniques that the management employ in order to change their business processes.

Continue reading →