Topic outline
- General
General
Lecturer : ASSOC. PROF. DR. MUHAMAD ZAMERI BIN MAT SAMAN
ASSOC. PROF. DR. MASINE BTE MD TAP
WAN HARUN BIN WAN HAMID
Semester : Semester x 201x/xx
Synopsis:
This course is designed to equip students to acquired engineering economy and accounting concepts, principles and methods. The focus of this course is to provide understanding on engineering economic principles and methods and to apply it in engineering field. The course has two parts. Part 1 is designed to teach students to formulate cash-flow, perform analysis on engineering economic problems and evaluate between alternative of engineering investment/projects to make decision. Part 2 is designed to teach students to perform cost estimates using traditional and current costing techniques in production process, prepare simple financial statement and interpret financial performance of business firms for decision and control.
Learning Outcomes:
At the end of the course, students should be able to:
1. Apply suitable engineering economy techniques in decision making involving engineering problems.
2. Analyse decision alternatives in engineering project/investment.
3. Apply costing techniques in production process.
4. Interpret simple financial statement of a company for measuring financial performance of the business firms.
5. Prepare a business plan for an entrepreneurship project.
This work, SME4833 Engineering Economy by WAN HARUN BIN WAN HAMID , MASINE BTE MD TAP and MUHAMAD ZAMERI BIN MAT SAMAN is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License - Topic 1
Topic 1
THE TIME VALUE OF MONEY
Introduction
Principle of Engineering Economy
Simple and Compound Growth
Single and Combine Factors
Nomination and Effective Growth
Chapter Summary
- Topic 2
Topic 2
EVALUATING ALTERNATIVES AND REPLACEMENT ANALYSIS
Introduction
Minimum Interest Rate of Return
Selection of alternative
Sensitivity Analysis
Economic Life
Replacement Analysis
Chapter Summary - Topic 3
Topic 3
PART II: ACCOUNTING
FINANCIAL STATEMENTS AND ANALYSIS
The Financial Statements
Profit and loss statement
Balance Sheet statement
Analysis of Financial Statement
Accounting ratios
Chapter Summary
- Topic 4
Topic 4
COST ACCOUNTING
Introduction
Method of Determining Cost of Products
Allocating Overhead Costs of Service Centers
Absorption Costing and Marginal Costing
Activity Based Costing
Chapter Summary
- Topic 5
Topic 5
MANAGEMENT ACCOUNTING AND SHORT TERM DECISION-MAKING
Introduction
Cost-Volume-Profit Analysis
Short Term Decision Making
Chapter Summary
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Topic 6
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Topic 7
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Topic 8
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Topic 9
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Topic 10
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Topic 11
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Topic 12
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Topic 13
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Topic 14
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Topic 15