Home » Strategic Finance for Criminal Justice Organizations
Product Image

Strategic Finance for Criminal Justice Organizations

Daniel Adrian Doss | William H. Sumrall III | Don W. Jones
€137.99
Quantity:
In stock with our UK publisher. 14-28 days
Delivery/Collection within 10-20 working days
14 days return policy Shipping & Delivery
A01=Daniel Adrian Doss
A01=Don W. Jones
A01=William H. Sumrall III
advanced capital budgeting techniques
Author_Daniel Adrian Doss
Author_Don W. Jones
Author_William H. Sumrall III
budgeting
capital
Capital Budgeting
Capital Budgeting Decisions
Capital Budgeting Methods
Capital Initiative
Capital Investment
Capital Investment Initiative
Capital Investment Project
Category=JKV
Category=KJMV1
Correctional Facility
criminal justice administration
Criminal Justice Entities
Current Monetary
Current Monetary Value
decision
Decision Domain
decisions
domain
enforcement
entities
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
FEMA
financial management
Future Monetary
Future Monetary Value
initiative
IRR Analysis
IRR Method
law
law enforcement
Law Enforcement Entities
methods
NPV Method
NPV Outcome
objective decision making
organizational finance theory
Ow Values
Payback Method
police administration
police management
Potential Capital Investment
Problem Domain
profitability ratio formula
public administration
quantitative decision analysis
Render Decisions
risk assessment models
strategic finance
time value calculations

Product details

  • ISBN 9781439892237
  • Weight: 430g
  • Dimensions: 156 x 234mm
  • Publication Date: 11 Apr 2012
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Paperback
Secure checkout Fast Shipping Easy returns
Description

Traditionally, the study of financial decision making in law enforcement and criminal justice entities has been approached from the perspective of tax revenues and budgeting that focus only on the past and present. Capital investments of cash flow provide future benefits to all organizations, and among courses in business administration, these notions of long-term financial management are critical to a sound understanding of organizational finance. Strategic Finance for Criminal Justice Organizations examines capital budgeting techniques from a quantitative perspective that targets the strategic future of revenues within the criminal justice and law enforcement sectors.

Explaining capital budgeting concepts through the use of practical examples, this volume discusses:

  • Economics and the use of money as a tool to facilitate the exchange of goods and services
  • Human decision making, impediments to rendering objective decisions, and methods for improving decision objectivity
  • The consequences of making capital budgeting decisions, the concept of risk, and the time value of money
  • The rendering of decisions using the payback time method and the mathematical formula necessary to use it
  • The concept of discounting and decision rules for net present value
  • How to make an internal rate of return financial decision
  • The mathematical formula for the profitability ratio/index method and using it to make financial decisions

In all organizations, it is essential that financial decisions are made through informed insight considering all relevant factors. This volume contributes to improvements of the skills that are required to robustly render beneficial, long-term strategic decisions within the law enforcement and criminal justice environment.

More from this author