A rejoinder to commentaries on “Why DCF capital budgeting is bad for business and why business schools should stop teaching it”.

The article presents a response to the forum, initiated by the author, on teaching discounted cash flow (DCF) in business schools. The author praises his critics and explains his reasons for choosing to remove DCF from the accounting curriculum. The author reiterates his point about the excessive size of the accounting curriculum. Comments on each of the articles published in the forum are included, with special praise for professors Simga-Mugan and Paisey. The article concludes that it is more important to work decisively to cut programs without a useful educational purpose than to debate how to cut items from the curriculum.