An introduction to both financial and management accounting. Focuses on preparation and analysis of company financial statements. Emphasis is on the accounting concepts and procedures used in the planning and control of business operations. Introduction to concepts and principles associated with financial, cost and managerial accounting as they apply to engineering management. Financial accounting and reporting problems faced by national and multinational corporations in reporting financial information to external users in a global economy.
Covers cost concepts and analysis in both a manufacturing and service operational environment.
Provides an introduction to activity based costing and standard cost systems, methodology for measuring productivity changes and cost of quality and measurement and control of operating performance. Financial Analysis in the Public Sector. Advanced concepts associated with financial analysis in the public sector with emphasis on generally accepted accounting principles and financial reporting. Advanced concepts associated with the public accounting profession, generally accepted auditing standards and public accounting reporting are emphasized. The course presents a case-oriented study of the applicability of accounting standards to complex commercial transactions through the use of the seminar format.