Accounting Basics for the Engineer targets the engineer and engineer-owner/manager in outlining key accounting and financial concepts.
Simple and basic topics are introduced to aid the professional practitioner in dealing with non-engineering professions such as commercial bankers, investment bankers and accountants.
The course participant will learn the differences between:
- Cash Flows VS Profits
- Return Of Investment VS Return On Investment
- Accrual VS Cash Accounting
- Book VS Market Values
This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of course materials.
NY PE &PLS: Please be sure to check with your licensing board to ensure that this course is an acceptable option for PDH credits within your locale.