Capital Budgeting's objective is best practice capital investment decision-making. This means that we cover capital investment best practice end-to-end, from the conceptualisation of capital projects through to post-investment audit practices; from incremental cash flow recognition through to weighted average cost of capital determinations.

Philosophically too, we are often asked take a broader view of what we mean by a capital investment decision, considering what are really investments are sometimes expensed as operating costs, particularly for high tech companies or those where traditional bricks and mortar capital are only a small part of the “capital” that is leveraged to create shareholder value. Our approach is conditioned by shareholder value considerations and reflects a management accounting approach.