Finance and Accounting for Energy Engineers: & Engineers in All Disciplines

The  purpose of this second edition is to provide an overview of important  principles in the fields of finance and accounting, and the application  of those principles for financial analysis of energy and non-energy  capital investments. This book is written as a self-study guide for  energy and non-energy engineers and managers who either lack formal  training in the subjects of finance, accounting, and engineering  economics, or simply need a means to refresh their knowledge in these  subjects. This book bridges the gap between the typical business school  "MBA" knowledge and its application in enery and non-engergy  engineering, project management or manufacturing management. Many energy  and non-energy engineers and technical managers feel inadequately  equipped to comprehend and apply certain important finance and  accounting principles. Understanding of finance and accounting  principles is important in interfacing and conducting business with  accountants, financial analysts, and members of upper management. This  book is designed to familiarize energy engineers and other engineering  professionals - in a relatively simple and easy to understand fashion -  with decision making skills founded on financial calculations and case  study based quantitative analysis.