Finance, Accounting, and Engineering Economics
Note: This is a recorded video presentation and does not qualify as an interactive course nor a live webinar.
This online engineering PDH video presentation discusses finance, engineering economics, and corporate reporting requirements.
In this course, you will learn how to perform time value of money calculations using equations or financial factor tables explained in a simple and easy to understand way, illustrated through practical examples. You will learn asset depreciation methods and their influence on net profit and taxes as well as the widely used and accepted capital investment performance metrics, such as financial ratios, payback period, breakeven, and NPV, etc. The course then presents fundamental accounting methods including the income statement and the balance sheet. You will get an appreciation of the role played by inventory systems in the control of net income, net profits and tax liability. Life cycle cost and other cost classifications in industrial and commercial organizations are also covered.
This 7 PDH video presentation is designed for engineers, professional engineers, energy professionals, engineering managers, technical professionals, facilities managers and other professionals who are not intimately familiar or current on finance, accounting, time value of money analysis, and engineering economics principles and practices.
This PE continuing education video presentation is intended to provide you with the following specific knowledge and skills:
- Understanding finance, engineering economics and accounting concepts through definitions, discussion and example calculations.
- Learning about income statements and balance sheets.
- Discussing financial reporting requirements.
- Familiarizing with financial metrics and ratios.
- Learning about depreciation alternatives.
- Understanding different inventory concepts including FIFO, LIFO, etc.
- Understanding the difference between Lease vs Buy decisions.
- Learning about different types of costs including life cycle cost, period costs, direct costs and indirect costs.
For this course, you will need to watch the video presentation titled, “Finance, Accounting, and Engineering Economics”. To access the video presentation, you will need to log in or register and purchase the course. Following course purchase, please click on the link provided in your account history to view the video presentation. The duration of the video presentation is approximately 360 minutes.
Once you are finished watching the video presentation, you will need to click on the link provided at the end of the presentation to access your account and take the quiz. You will need to take a multiple-choice quiz consisting of thirty-five (35) questions to earn 7 PDH credits. The quiz will be based on this video presentation.
Upon successful completion of the quiz, print your Certificate of Completion instantly. (Note: if you are paying by check or money order, you will be able to print it after we receive your payment.) For your convenience, we will also email it to you. Please note that you can log in to your account at any time to access and print your Certificate of Completion.