SKU: 81010420197

Finance, Accounting and Engineering Economics for Engineers and Technical Managers

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Description

Finance, Accounting and Engineering Economics for Engineers and Technical ManagersEarn 8 PDH . 8 CEU (Total course 8 hours) To hold a private course for your team or customers, contact patty@pbjmediaholdings. com ABOUT THE COURSE Learn about finance, accounting, corporate reporting requirements and engineering economics. Learn about fundamental book keeping or accounting methods: The Income Statement and the Balance Sheet. Learn about the widely used and accepted capital investment performance metrics, such as financial ratios,

Earn 8 PDH | .8 CEU (Total course 8 hours)

To hold a private course for your team or customers, contact [email protected] 

ABOUT THE COURSE

Learn about finance, accounting, corporate reporting requirements and engineering economics. Learn about fundamental book keeping or accounting methods: The Income Statement and the Balance Sheet. Learn about the widely used and accepted capital investment performance metrics, such as financial ratios, payback period, and NPV. Understand asset depreciation methods and their influence on net profit and taxes. Get a better appreciation of the role played by inventory systems in the control of net income, net profits and tax liability. Learn about life cycle cost and other cost classifications in industrial and commercial organizations. This course can be viewed as a 1-day crash MBA course for technical and non-technical professionals.


Course Outline

  1. 1. Accounting and Finance Concepts: Definitions, Discussion and Examples of Calculations.
    a)Economics and engineering economics
    b) Common Organizational Structures - Role of Financial Analysts, Accountants, Controllers and CFO’s

  2. 2. Income Statements and Balance Sheets. Cash Flow and Working Capital Concepts

  3. 3. Financial Reporting Requirements

  4. 4. Financial Metrics and Ratios: Payback Period, FV, PV, Time Value of Money Conversions. IRR, ROI, NPV, ROE, ROR, Current Ratio, Acid Test Ratio, Plant Turnover Ratio

  5. 5. Depreciation Alternatives: S/L, Prod. Based, SOY Digits.

  6. 6. Inventory Concepts: FIFO, LIFO, EOQ, Inv. Turnover Ratio, WIP Inv., Inv. Carrying Costs.

  7. 7. Lease vs. Buy Decisions. Repair vs. Replace Decisions

  8. 8. Costs: Life Cycle Cost. Period Costs, Direct and Indirect Costs.

Take Away: After participating in the seminar, you will:

  • Understand accounting and finance concepts through explanation of definitions and examples of calculations.
  • Understand basic economics principles and engineering economics related analyses
  • Know more about common organizational structures and understand the role of Financial Analysts, Accountants, Controllers and CFO’s
  • Understand income statements, balance sheets, concepts of cash flow and working capital better
  • Have a better appreciation of different types of financial reports and financial reporting requirements
  • Have better understanding of financial metrics and financial ratios, including: Payback Period, FV, PV, Time Value of Money Conversions. IRR, ROI, NPV, ROE, ROR, Current Ratio, Acid Test Ratio, Plant Turnover Ratio
  • Know more about depreciation alternatives such as: S/L, Prod. Based, SOY Digits.
  • Understand inventory concepts such as: FIFO, LIFO, EOQ, Inv. Turnover Ratio, WIP Inv., and Inv. Carrying Costs.
  • Have better understanding about Lease vs. Buy Decisions, and Repair vs. Replace Decisions
  • Know more about different types of costs, including: Life Cycle Cost, Period Costs, Direct and Indirect Costs 

Who Should Attend?

  • Engineers
  • Manufacturing Managers
  • Facility Managers
  • Project and Program Managers
  • Maintenance Managers
  • Energy Engineers and other Energy Professionals
  • Engineering Managers
  • Construction Managers
  • Architects

ABOUT THE INSTRUCTOR
Bobby Rauf, P.E, C.E.M, MBA

Bobby Rauf is the President, Chief Consultant and a Senior Instructor at Sem-Train, LLC. He is a licensed Professional Engineer, in the State of North Carolina and is a Certified Energy Manager.

Mr. Rauf was inducted as “Legend in Energy” by AEE, in 2014. He is a published author of multiple engineering and energy books and professional development courses and holds a patent in process controls technology. He’s a member of ASEE, American Society of Engineering Education.

Mr. Rauf develops and instructs professional development or continuing education, energy and engineering skill building, and engineering cross-training courses. Some of his major clients include accredited universities in the US and abroad, major US and international corporations, and governmental institutions. He is also an Adjunct Professor at Gardner-Webb University.

During his long career with PPG Industries, Inc. as Senior Staff Engineer, his responsibilities included development and management of energy and ergonomics programs for multiple manufacturing plants, in the US and overseas. He also provided consultation and training services in the energy, electrical engineering, industrial safety, ergonomics and arc flash arena.

 

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SKU: 81010420197

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4.4 ★★★★★
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Verified Purchase
vickip007
New York, US
★★★★★ 5
A Must Read That Belongs on Every Political, Social, or Military Strategist's Shelf
Format: Hardcover
LikeWar is the manual for warfare in the 21st century, a worthy successor to Singer's Ghost Fleet, and excellent debut work for Brooking. It belongs on the shelf of anyone who wants to seriously understand how war will be fought and social policy developed in the era of Facebook and Twitter. There is a particularly urgent need for this book at a time when most tacticians have their eyes firmly fixed on enhancing cybersecurity through the protection of systems and hardware. While this is undeniably important, LikeWar reminds us that the information that is transmitted over that infrastructure is no less, and possibly quite a bit more important than the infrastructure itself. This message has never been more urgent than today when democratic nations struggle with balancing the need for an open civil society against the risks of foreign subversion and influence. This is the next great battle. It will be fought in the trenches of Facebook and the swamps of Twitter - wise commanders will bring LikeWar with them as field guide. LikeWar stands out for its incredible scope and accessibility. Its coverage is comprehensive - everything from the 2016 election to the IDF's influence tactics are explored, analyzed, and fit into a comprehensive thesis about the changing face of war. Read LikeWar and you will have a confident grasp of the major developments in this new theater of combat. Yet the book remains eminently readable - this combat guide does not require a reader to slog through the bone-dry prose of a TRADOC manual or an academic paper. It is quick and engaging yet thorough at the same time. In short, Singer and Brooking have written a manual for combat in the new millennium that is both engaging and substantial enough to leave their reader a master of the new face of battle.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on October 3, 2018
B
Verified Purchase
B
Port Orchard, US
★★★★★ 5
Its Good!
Format: Paperback
Move over action-packed thrillers, because LikeWar is the real deal – a mind-bending exploration of the internet's collision with war and politics! It's like a rollercoaster ride through livestreamed terrorist attacks, Twitter wars, and viral misinformation – the online world has become the ultimate battleground! Who knew that social media could turn average folks into global warriors, with former World of Warcraft addicts foiling war crimes from thousands of miles away? And let's not forget the unexpected warriors – rapper-turned-jihadist PR czars and Russian hipsters waging infowars against the West – it's like a cyber soap opera! But wait, there's more – China even has a smartphone app to police its citizens' thoughts – talk about big brother on steroids! LikeWar is like a crash course in the web's darkest corners, exposing the truth and burying it at the same time. So buckle up, folks, because the future is networked, and LikeWar is the ultimate guide to surviving the social media battlefield!
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on July 26, 2023
X
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X-ray 77
Draper, US
★★★★★ 5
Out of Control with Technology
Format: Hardcover
I found the book very interesting! The authors did a great job of discussing the benefits of different social media sites. While the sites were intended for good use, there is always a downside. Each of the sites were exploited over time for a use other than intended. While this is by no means a surprise, it is amazing how others were quick to use the sites for illegal purposes. The history of how some of the sites were developed was interesting too. Of additional interest was the amount of notes included in the book. A third of the book is devoted to this alone. It shows the level of thoroughness the authors took to allow readers to delve deeper into topics discussed in each chapter. The most pressing question for social media: What is the next level of advancement?
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on July 28, 2024
C
Verified Purchase
Current Prez
Omaha, US
★★★★★ 5
All's fair in Like and War
Format: Hardcover
Is Mark Zuckerberg responsible for exacerbating the killing fields on the South Side of Chicago? What is China's Golden Shield Project and what might it mean for you? Did Michael Flynn have any good ideas before his fall from grace serving in the Trump administration? Read this book and you'll get the answers to these questions and many more. This book takes a notion with which most readers are likely already familiar - the internet has graduated from its nascent status as a series of tubes connecting nerds and defense contractors to that of an ineffably complex globe-gobbling organism engaged every hour of every day in the instantaneous distribution of information spanning all spectra of human activity - and combines it with one not so well established in the popular imagination - we (or, at least, everyone who uses the internet) are all potential foot soldiers, willing or not, in the online and offline wars still raging as well as those yet to come. Written in succinct, snappy prose, the book tells the story of the internet from its peculiar vantage point at the intersection of social media and military conflict with its arguments firmly based in factual and expert analysis. Those seeking to validate a particular political slant or ideology should look elsewhere.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on October 2, 2018
T
Verified Purchase
Thomas M. Magee
Bozeman, US
★★★★★ 3
Insightful but troubled
Format: Hardcover
This book could have been so much more but it fell short. The book does capture a new phenomenon sweeping the world. The growth of social media is that phenomenon. The book does a good job chronicling the growth of social media and its impact on a general scale. Through that growth opportunities were created. The book does a good job of listing how people, groups and countries exploit these opportunities. They advance their respective agenda various ways on social media. I loved the pages which talked about how AI can create fake news with all of the authenticity of an eye witness account. The book lists impacts of these trends with crystal clear words. You can see impact clearer than any other source out there. The negative is the bias of the authors. Who the authors voted for in the last election screams out with every chapter. They use the topic as a club to bash republicans, President Trump, and conservatives. They miss how Democrats were playing the same games as Trump before Trump. This bias causes a reader to lose the message and dangers through politics. David Plouffe, the Obama campaign manager in his book "The Audacity to Win" said he used social media in 08 election. Funny how these people ignore those events to focus on what Republicans do. I also think their constant drum beat of what the Russians do creates a false election that they stole the election. The authors forget the failed policies of Hillary.
WAS THIS REVIEW HELPFUL?YesReportShare
Reviewed in the United States on April 1, 2019

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