出版社：Asociatia Generala a Economistilor din Romania - AGER
摘要：In the actual crisis context, investment project appraisals and capital budgeting, which involve assessing the financial feasibility of a project, should use Discounted Cash Flow (DCF) analysis. This paper tries to present good practice principles and rules in project appraisal and financial managers’ role in this field of interest. Professional accountants in business become responsible for preparing and reporting on financial. They should (a) apply high standards of DCF and Net Present Value (NPV) analysis, (b) establish safeguards to compensate for risks to the integrity of information flows, and (c) provide objectivity where conflicts of interest could influence a decision.
关键词：professional accountants; discounted cash flow; net present value; project management; financial institute.
