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Engineering Accounting

This book is the first edition that combines accounting principles with engineering work. It is a basic-level textbook in accounting for science and engineering students and working professionals engaged in engineering project planning. By introducing the fundamentals of accounting and accounting issues that are related to corporate management and R&D work, this book helps the reader gain the knowledge and skills to analyse financial statements, manufacturing costs and tax issues from an engineer's perspective. It is a handy book that covers such essential topics as Financial Accounting, Cost Accounting, Corporate Management and Financial Statements Analysis, R&D Management, Target Costing, and Value Engineering. With this book, the reader is able to grasp the basics of accounting and R&D costing within a week, which will become a solid foundation for business leaders in technology and management.
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Table of Contents

What is Accounting?; What is Financial Accounting?; Understanding Financial Statements; Understanding Accrual Basis & Cash Basis; Statement of Financial Position -- Asset; Statement of Financial Position -- Liability & Equity; Income Statement; Cash Flow Statement; Ratio Analysis; Others: IFRS & GAAP, Earnings Management & Fraudulent Reporting; Types of Costs & Cost Accounting; Break-Even Point & Relevant Costs; Responsibility Accounting & R&D Performance Evaluation; New Product Development & Target Costing; R&D-Patent-Accounting Linking Strategy; Index.

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