An introduction to and overview of financial and managerial accounting for engineering management. Topics include basic accounting concepts and terminology; preparation and interpretation of financial statements; and uses of accounting information for planning, budgeting, decision-making, control, and quality improvement. The focus is on concepts and applications in industry today.
For the engineering student to:
·Become familiar with the language of business, accounting, so as to understand financial statements and the budget process used by all major organizations.
·Prepare for management duties or interactions through an understanding of the uses of accounting information for planning, controlling, and decision-making
Good business elective