The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users.
On the rate of return and valuation of non-conventional projects
A Professor of Finance explains why he believes using the net present value (NPV) criterion for capital budgeting fails for non-conventional projects. He suggests an alternative method.
Do we need more audit committee disclosure?
Richard M. Steinberg discusses a new call to action by the U.S. Audit Committee Collaboration, outlining how audit committees can enhance communication with investors. He asks whether investors will really find their investment decisions swayed by the proposed additional information; and if the financial costs associated with more disclosure are worthwhile.
A flexible strategy that chases value
An interview with Zeke Ashton, founder and managing partner at Centaur Capital Partners, a value-oriented U.S. investment firm. Ashton provides an overview of the firm's investing strategies and explains the importance of flexibility in the company's value focus. He discusses Centaur's stock-selection process, sell discipline and some of his favourite sectors.
Articles and books in the Library collection
The ICAEW Library & Information Service collection includes a range of articles, books and online resources on investment appraisal. Please contact us if you would like to borrow a book or request a copy of an article.
Capital investment: a guide to making better decisions
Boyd, G. (CAI, 2013)
This guide presents a comprehensive and applied approach to assessing capital investment proposals, and the methods that can be used to help business develop and appraise proposals and achieve optimal outcomes. It is written for managers and senior managers involved in the approval of capital investment proposals, as well as financial controllers looking for a system to help ensure better investment decisions.
Corporate finance- principles and practice
Watson, D. (Financial Times Prentice Hall, 2013)
The aim of this book is to provide an introduction to the core concepts and key topic areas of corporate finance in an approachable, 'user-friendly' style. Includes chapters: an overview of investment appraisal methods; investment appraisal - applications and risk.
Find more books and articles
To find out how you can borrow books from the Library please see our guide to book loans.
You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.