Course No. MGT11
Accounting Principles for Engineers
Description:
This workshop is oriented towards engineers who need to know the basics of how corporate finance works. Thus, it prepares the participant to understand different terminologies and the nuts and bolts of accounting and finance. Bypassing the academic approach, the workshop is aimed at developing enough functional understanding of the subject for every day transactions a typical engineer needs to get involved with. More importantly, it starts laying the essential foundations for an engineer to successfully transition into managerial roles in the future.
Benefits:
- Career development for supervisory / management roles.
- Communicate with confidence using the correct financial terms
- Improve bottom line performance by educating workforce in the most important aspect of business - Finance
Topics Covered:
- Why learn about accounting principles
- Financial statements and what they tell us
- Accounting process: transactions, debits, credits, journals and ledgers, preparing financial statements
- Financial ratios and analysis: effects of different transactions, evaluating the financial health of the business
Pre-requisites: 2 or more years of college education, or equivalent work experience
Duration: 1 Day
Suggested Audience: Professionals, engineers, and other employees with little or no financial background.
Participants: Maximum: 20 participants
Books and Materials: Provided by the instructor / TEAM 2000
Presented By: