In this comprehensive paper, assume you are working with the accounting department in your organization to make a decision regarding a capital investment you feel is needed to improve productivity in your department. The organization has limited resources and you are trying to prove why your department needs the resources more than other departments in the company. Provide an example of a possible capital investment to use in your argument to management that will be used throughout your paper. Discuss what level of management would be involved in making capital investment decisions? Describe the financial analysis tools you would use to convince management to make the investment you are proposing. Some non-financial factors included in capital investment decisions are more important now than they were 20-25 years ago. Give some examples of the types of non-financial factors that managers would consider in this decision that are more important in today’s capital investment decisions than they were in the past.
Edmonds, T. (2020). Fundamental Managerial Accounting Concepts (9th ed.). McGraw Hill.
