ACCOUNTING AND FINANCE FOR ENGINEERS

Catalog description

Interrelationships between engineering, accounting and finance. Theory and practical aspects of accounting principles and financial analysis from an engineering perspective. Understanding and analysis of the three main financial statements: balance sheet, income statement, retained earnings and cash flow. Evaluation of manufacturing costs, breakdown of the price of a product, decision making in managerial accounting in engineering projects. Students will develop the accounting, finance, management decisions , quantitative, and critical thinking skills required to analyze the organization financial situation.