Computer Hardware and Software

Introduction The objectives of this chapter are to: Introduce the different types of IT infrastructure Describe the different hardware platform Highlight a number of emerging hardware technology trends Describe the different computer software platforms Highlight a number of emerging software Read More …

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Sundry Definitions

INTRODUCTION One of the questions on the Compulsory Section (Section A) of your paper requires you to write briefly on a number of topics.  There is a small choice in that you must complete five out of seven topics.  There Read More …

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Management Control

COSTING SYSTEMS Overheads If a company manufactures a product, the cost will include the cost of the raw materials and components used in it and the cost of the labour effort required to make it.  These are direct costs.  The Read More …

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Capital Asset Pricing Model

INTRODUCTION The Capital Asset Pricing Model (CAPM) is an extension of Portfolio Theory, which is concerned with the risk and return of portfolios and the process by which risk can be reduced by efficient diversification.  The CAPM assumes that all Read More …

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Portfolio Theory

INTRODUCTION A portfolio is a collection of different investments which comprise an investor‟s total investments.  For example, a property investor‟s portfolio may consist of many investment properties in different locations and which are used for varied purposes.  Other examples of Read More …

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Cost of Capital

INTRODUCTION  It is important that a company is aware of its cost of capital.  In certain cases it is not initially apparent what this cost is (e.g. new share issue, retained earnings etc.) and a number of models have been Read More …

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Company Valuations

INTRODUCTION It may be necessary to carry out a valuation for: Quoted Companies – where a bid is made and the offer price is an estimated “fair value” in excess of the current market price of the shares. Unquoted Companies Read More …

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