Financial and Managerial Accounting for Engineers

Graduate

It is designed to provide engineers with a robust understanding of the core concepts and procedures of financial and management accounting which engineers need to enhance their capabilities as informed future managers and decision makers. It concentrates on financial reporting and interpretation to internal and external stakeholders of the organization. Issues of income determination, asset and liability recognition, measurement and reporting will be addressed. It also offers an introduction to management’s use of internal accounting information for planning, managing, controlling and evaluation of business operations. Topics include cost concepts (including activity-based costing), budgeting, cost- volume-profit analysis, standard costing, performance evaluation and product pricing. (Antirequisites: BUSI-8120)