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Informationen zum Autor HENRY E. RIGGS is the founding president of Keck Graduate Institute of Applied Life Sciences, a member of The Claremont Colleges and the nation's first graduate school dedicated solely to preparing students for professional careers in life science-based organizations. He is the author of several books, including Managing High-Technology Companies. Klappentext Expert guidance for fiscally responsible engineering and technology managers Written for practicing project engineers, students, and technical managers with no previous background in accounting or finance, Financial and Economic Analysis for Engineering and Technology Management, Second Edition provides a thorough grounding in accounting and introductory finance to help make better financial decisions in the workplace. This thoroughly updated Second Edition is an accessible self-study guide and text that helps engineers extract important meaning from financial statements and accounting records, ask insightful questions, engage in thoughtful debate about accounting and financial issues, and make informed decisions that benefit their companies. Offering a rigorous background in accounting-including balance sheets, income statements, and cash flow statements-this valuable guide builds on this foundation to address financial markets and corporate finance, including capital investment analysis, and managerial and cost accounting. Financial and Economic Analysis for Engineering and Technology Management, Second Edition features: New material on NPV, IRR, and the link between financial accounting and financial management Key accounting procedures and analytical techniques explained in jargon-free language Dozens of discussion questions and practice problems Real-life case studies with an available solutions manual Zusammenfassung Financial and Economic Analysis for Engineering & Technology Management! Second Edition covers the basics of finance and accounting from an engineering and technology perspective. * Provides a rigorus analysis of accounting! accounting procedures! cost and financial analysis in an engineering context. Inhaltsverzeichnis 1. INTRODUCTION: WHY KEEP SCORE? Users of this Book. Scorekeeping. Definition of Accounting. Limitations of Accounting Information. Audiences for Accounting Information. Different Messages for Different Audiences. Accounting in the World of Business. Accounting in Nonprofit and Governmental Organizations. Useful Nonaccounting Information. Importance of Personal Motivations. Summary. New Terms. Exercises. 2. Accounting Framework: The Concept of Value. Accounting Equation. How Is Owners' Equity Created? Valuation Methods. Valuing a Loan or Note. Valuing Common Stock Securities. Calculating Time-Adjusted Values. Valuing Personal and Company Assets. Choosing Among Valuation Methods. Challenge of Alternative Valuation Methods. Dominance of the Cost Value Method. Summary. New Terms. Appendix 2A: Interest Tables for Calculating Time-Adjusted Values (Present Worth). Exercises. 3. Financial Position: The Balance Sheet. Key Accounting Reports. Features of the Balance Sheet. More Accounting Definitions and Conventions. Summary. New Terms. Exercises. 4. Financial Performance: The Income Statement. Definition of Revenue, Sales, and Expenses. Statement Format. Recording Sales Transactions. Operating Expenses. Accounting Period. When Is Income Earned and When Are Expenses Incurred? Accrual Concept. Example: Accounting for a Full Period. Summary. New Terms. Exercises. 5. Cash Flow Statement. <...
