Q What is the DCF costing technique and are there any books on the subject?
14th April 1967, Page 81
14th April 1967
Page 81
Page 81, 14th April 1967
— Q What is the DCF costing technique and are there any books on the subject?
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A In the subject of investment appraisal
DCF stands for "Discounted Cash Flow". Briefly, this is the application of a suitable rate of discount to forecasting a project's additional outlay and income taking account of their incidence over the life of the project.
A 14-page booklet entitled "Investment Appraisal" Is available from HM Stationery Office, price 1s 9d, sponsored by the National Economic Development Council. Another book on this subject, published by Chapman and Hall at 17s 6c1 is "Appraisal of Investment Projects By Discounted Cash Flow: Principles and Some Short Cut Techniques," by A. M. Alfred and J. B. Evans.