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Accounting
Issues and the Professional Engineer
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Attention New York Engineers:
This course cannot be taken to fulfill your
continuing education requirements in the state of New York since the course does
not fall under the category of "Areas of Practice" or "Law/Ethics".
For more information, check the
New
York State Board Requirements.
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David
Nowacki
Overview
The course targets the engineer and engineer-owner/manager in outlining key accounting and financial concepts. Basic accounting concepts 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 versus profits, return of investment versus return on investment, accrual versus cash accounting, and book versus market.
This is the second
of a series of four Continuing Education Courses by this author targeting the licensed engineer to become a better informed professional and business owner/manager.
To receive continuing education credits, the student must successfully pass a 20-question multiple-choice quiz where the use of financial functions must be successfully demonstrated.
Specific Knowledge or Skill Attained
This course teaches the following specific knowledge and
skills:
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Basic Financial Statements and Reporting
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Differing view of the finance professional and the accounting professional
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Some insights into governmental control involving tax
issues
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Language of the finance arena and why some common phrases like cash and profits are not
identical
Course
Click on the link below to review the course
prior to taking a quiz for credit.
Accounting
Issues and the Professional Engineer
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To obtain PDH credits for this course, you will need to take a quiz for
credit. Click on the link below.
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