Finance, Actg. & Engineering Economics


Credit: 8 PDH’s (1-Day); 0.8 CEU’s (7.5 PDH, NYS Lic.)


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. Get familiarized with centralized vs.
non-centralized organizational matrices, supported by examples from manufacturing and service
sectors. 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.