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Courses

  • Accounting & Costing (40106)
  • תקציר הקורס:

    Abstract:

    Financial accounting theory as applied to corporate form of business involving service and merchandising activities includes

    analysis and recording of business transactions and preparation of financial statements. This course is designed to provide learners with the elementary foundations of basic accounting theory ,the principles and procedures of accountancy in the preparation,

    analysis, interpretation, communication and reporting of

    general-purpose financial statements. Costing: cost concepts,

    material, labor and overhead costs, overhead allocations and absorption, introduction to job costing,

    process costing, marginal costing, and standard costing,

    relevant costs for decision making, cost control and cost reduction.
  • Engineering Economy (40129)
  • תקציר הקורס:

    Abstract:

    This course aims to provide students with a systematic coverage

    of the concepts and techniques for economic evaluation of industrial projects.

    The key concepts and topics to be covered include time value of money, present value and annual equivalent cost, rate of return, economic equivalence, investment, comparison of investment alternatives, income taxes, effects of inflation, costs of capital and replacement analysis, cost concepts, material, labor and overhead costs, overhead allocations and absorption, introduction to job costing, process costing, marginal costing, and standard costing, relevant costs for decision making, cost control and cost reduction.