Accounting for Performance and Control

Introduction

Each and every organization undertakes accounting measures to assess the level of its performance and to make control over unnecessary activities or expenses (Koh and Lee, 2015). It enables the firm to make appropriate financial decisions which make contribution in the achievement of organizational aim and objectives (Kaplan and Atkinson, 2015). Besides this, investment appraisal technique such as net present value method helps company in making more profitable decisions. It provides deeper insight to an organization about the return which they get over a predetermined time frame (Investment appraisal techniques, 2015). It enables company to build and sustain competitive edge over others. This report depicts the net present value of investment which helps company in suitable investment decision.