Engineering Accounting by Joosung J. Lee; Insue KimThis 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 analyze 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.
Engineering Economics and Economic Design for Process Engineers by Thane BrownEngineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineersprovides the tools and methods to resolve design and economic issues. It helps you integrate technical and economic decision making, creating more profit and growth for your organization. The book puts methods that are simple, fast, and inexpensive within easy reach. Author Thane Brown sets the stage by explaining the engineer's role in the creation of economically feasible projects. He discusses the basic economics of projects -- how they are funded, what kinds of investments they require, how revenues, expenses, profits, and risks are interrelated, and how cash flows into and out of a company. In the engineering economics section of the book, Brown covers topics such as present and future values, annuities, interest rates, inflation, and inflation indices. He details how to create order-of-magnitude and study grade estimates for the investments in a project and how to make study grade production cost estimates. Against this backdrop, Brown explores a unique scheme for producing an Economic Design. He demonstrates how using the Economic Design Model brings increased economic thinking and rigor into the early parts of design, the time in a project's life when its cost structure is being set and when the engineer's impact on profit is greatest. The model emphasizes three powerful new tools that help you create a comprehensive design option list. When the model is used early in a project, it can drastically lower both capital and production costs. The book's uniquely industrial focus presents topics as they would happen in a real work situation. It shows you how to combine technical and economic decision making to create economically optimum designs and increase your impact on profit and growth, and, therefore, your importance to your organization. Using these time-tested techniques, you can design processes that cost less to build and operate, and improve your company's profit.
Publication Date: 2006-10-27
Process Engineering Economics by James R. CouperThis reference outlines the fundamental concepts and strategies for economic assessments for informed management decisions in industry. The book illustrates how to prepare capital cost and operating expense estimates, profitability analyses, and feasibility studies, and how to execute sensitivity and uncertainty assessments. From financial reports to opportunity costs and engineering trade-offs, Process Engineering Economicsconsiders a wide range of alternatives for profitable investing and for projecting outcomes in various chemical and engineering fields. It also explains how to monitor costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.