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Finance for IT Decision Makers

A Practical Handbook for Buyers, Sellers and Managers

  • Textbook
  • © 1999

Overview

Authors:
  1. Michael Blackstaff
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  • Written for practitioners from the author's personal experience, this book fills a gap in the market, providing in plain English with examples, a common body of essential financial knowledge for IT people
  • Explains the particular financial and accounting issues that are raised by the special nature of IT, in a manner that is understandable to the non-financial IT person as well as accountants

Part of the book series: Practitioner Series (PRACT.SER.)

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-x
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  2. Finance for IT Decision Makers

    1. Front Matter

      Pages 1-1
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    2. Decisions, Decisions

      • Michael Blackstaff
      Pages 3-18

    3. Financial Cases and Business Cases

      • Michael Blackstaff
      Pages 19-28

    4. When is a Benefit not a Benefit?

      • Michael Blackstaff
      Pages 29-49

    5. How Financial Cases are Evaluated — Part 1

      • Michael Blackstaff
      Pages 51-65

    6. How Financial Cases are Evaluated — Part 2

      • Michael Blackstaff
      Pages 67-82

    7. The Effects of Taxation

      • Michael Blackstaff
      Pages 83-97

    8. IT Leasing — Part 1

      • Michael Blackstaff
      Pages 99-110

    9. IT Leasing — Part 2

      • Michael Blackstaff
      Pages 111-125

    10. IT Aspects of Depreciation and Budgets

      • Michael Blackstaff
      Pages 127-135

  3. Finance Fundamentals in a Nutshell

    1. Front Matter

      Pages 137-137
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    2. Finance Fundamentals -Bringing it Together

      • Michael Blackstaff
      Pages 139-160

    3. Finance Fundamentals — Pulling it Apart

      • Michael Blackstaff
      Pages 161-177

  4. Back Matter

    Pages 179-214
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Keywords

About this book

Purpose The purpose of this book is to explain to information technology (IT) decision makers those aspects of finance that most affect their work. Most IT decision makers belong in one of two categories. Some know a lot about IT, but less about finance; the others know a lot about finance, but less about IT. In my experience, those in the first category often have to make financial decisions. Those in the second also, of course, have to make financial decisions, but about things whose characteristics stretch the normal financial and accounting rules up to, and sometimes beyond, their elastic limit. Among the characteristics of IT that provide interesting challenges for financial people are the following: • The accelerating rate of change • The short and unpredictable useful life of IT assets • The mixture of hardware, software and services • Upgradability • Networks that cross country boundaries • IT jargon Asked what characteristics of finance provide interesting challenges for IT people, many of them would answer - "Everything". However, items in the following selection are often particular causes of wonder: • Leasing • Why financial models always shrink benefits but never costs • Being told that a company with a mountain of profit is about to fail through lack of cash • Discovering that their budget has been charged with £113 485.

Bibliographic Information

  • Book Title: Finance for IT Decision Makers

  • Book Subtitle: A Practical Handbook for Buyers, Sellers and Managers

  • Authors: Michael Blackstaff

  • Series Title: Practitioner Series

  • DOI: https://doi.org/10.1007/978-1-4471-0609-8

  • Publisher: Springer London

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag London 1999

  • Softcover ISBN: 978-3-540-76232-4Published: 06 November 1998

  • eBook ISBN: 978-1-4471-0609-8Published: 06 December 2012

  • Series ISSN: 1439-9245

  • Edition Number: 1

  • Number of Pages: X, 214

  • Number of Illustrations: 24 b/w illustrations

  • Topics: Information Systems and Communication Service, Finance, general, Procurement

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