1.

Record Nr.

UNINA9910139896703321

Autore

Blackstaff Michael <1939->

Titolo

Finance for IT decision makers : a practical handbook for buyers, sellers, and managers / / Michael Blackstaff

Pubbl/distr/stampa

Swindon, : British Computer Society, 2006

ISBN

1-78017-050-5

1-906124-37-X

Edizione

[2nd ed.]

Descrizione fisica

1 online resource (339 p.)

Disciplina

658.15

Soggetti

Business enterprises - Finance - Management

Corporations - Finance - Management

Information technology - Management

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Previous ed.: London: Springer, 1999.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

""Copyright""; ""Contents""; ""List of Figures and Tables""; ""Authors""; ""Foreword""; ""Acknowledgements""; ""Abbreviations""; ""Preface""; ""Part One Finance for IT Decision Makers""; ""1 Decisions, Decisions...""; ""WHAT IS CASH FLOW?""; ""A FINANCIAL CASE""; ""WHAT IS DISCOUNTED CASH FLOW?""; ""THE COST OF MONEY""; ""PRESENT VALUE""; ""INTERPRETING PRESENT VALUES""; ""OPPORTUNITY COST""; ""'FINANCIAL CASH FLOWS'""; ""INFLATION""; ""2 Financial Cases and Business Cases""; ""COST CASES""; ""FINANCIAL CASES""; ""BUSINESS CASES""; ""WHAT IS A BENEFIT?""; ""CASH FLOW AND PROFIT""

""A BASIS FOR INVESTMENT DECISION-MAKING""""3 When is a Benefit not a Benefit?""; ""HOW TO BUILD AN IT FINANCIAL CASE""; ""EXAMPLE 3.1: DESCRIPTION""; ""EXAMPLE 3.1: SOLUTION""; ""EXAMPLE 3.1: EXPLANATIONS""; ""WHAT CASH FLOWS ARE RELEVANT?""; ""IS IT A WORTHWHILE INVESTMENT?""; ""4 How Financial Cases are Evaluated: Part 1""; ""PRESENT VALUE REVISITED""; ""THE COST OF CAPITAL""; ""WEIGHTED AVERAGE COST OF CAPITAL (WACC)""; ""APPLYING PRESENT VALUES""; ""THE NPV DECISION RULE""; ""PROFITABILITY INDEX""; ""INTERNAL RATE OF RETURN""; ""THE IRR DECISION RULE""; ""NPV, IRR AND RISK""

""5 How Financial Cases are Evaluated: Part 2""""PAYBACK""; ""PAYBACK AND RISK""; ""DISCOUNTED PAYBACK""; ""RETURN ON INVESTMENT



(ROI)""; ""ROI AND RISK""; ""SHAREHOLDER VALUE ADDED""; ""EXAMPLE 5.1""; ""THE METHODS COMPARED""; ""6 The Effects of Taxation""; ""PERSONAL TAX""; ""BUSINESS TAX""; ""CAPITAL ALLOWANCES""; ""HOW DOES TAX AFFECT AN IT FINANCIAL CASE?""; ""AFTER TAX EVALUATION OF AN INVESTMENT""; ""THE RESULTS COMPARED""; ""TAXATION AND LEASING""; ""7 IT Aspects of Depreciation""; ""DEPRECIATION OF IT ASSETS""; ""STRAIGHT-LINE DEPRECIATION""; ""REDUCING BALANCE DEPRECIATION""

""LOSS ON DISPOSAL""""FREQUENCY OF DEPRECIATION CHARGE""; ""DEPRECIATION OF UPGRADABLE ASSETS""; ""8 IT Financing and Leasing""; ""INTRODUCTION""; ""WHAT IS A LEASE?""; ""HOW IT LEASING DEVELOPED""; ""TYPES OF LEASE""; ""FINANCE LEASES""; ""SALE AND LEASE-BACK""; ""HIRE PURCHASE""; ""LEASING AND FINANCIAL CASES""; ""OPERATING LEASES""; ""RESIDUAL VALUE (RV)""; ""WHOSE BALANCE SHEET?""; ""RISK AND REWARD""; ""NON-FULL PAYOUT FINANCE LEASES""; ""EXCHANGE LEASES""; ""RENTAL""; ""INTERNATIONAL FINANCING""; ""'SMALL TICKET' LEASING""; ""THE LEASING CONTRACT""; ""THE FUTURE""

""9 Outsourcing: Financial Aspects""""WHAT IS OUTSOURCING?""; ""OUTSOURCING IN PERSONAL LIFE""; ""OUTSOURCING IN BUSINESS""; ""FINANCIAL CHARACTERISTICS OF OUTSOURCING""; ""RISK AND SERVICE LEVELS""; ""FINANCIAL EVALUATION METHODS""; ""SERVICE ENHANCEMENTS""; ""INFLATION""; ""HOW TO BUILD AN OUTSOURCING FINANCIAL CASE""; ""A WORKED EXAMPLE""; ""EXAMPLE 9.1: DESCRIPTION""; ""STEP BY STEP TO THE SOLUTION""; ""THE TABLES""; ""EXAMPLE 9.1: EXPLANATIONS""; ""EXAMPLE 9.1: SUMMARY""; ""OUTSOURCING DECISION CRITERIA""; ""MANAGING THE PROCESS""; ""10 Tasters: Budgeting, Costing and Pricing""

""BUDGETING""

Sommario/riassunto

This highly accessible guide fills the twilight zone between IT and Finance. Finance is fundamental to the IT world, as it is to most other aspects of life, both business and non-commercial. However, many employees lack knowledge of the particular financial principles on which decisions about IT should be based - decisions that often have serious financial implications for their organisations. Assuming no prior knowledge  and with many practical examples, Finance for IT Decision Makers covers, step-by-step  those aspects of finance relevant to IT professionals. It is ideal for IT decision make