Accounting and Finance for Engineers Part Two Unit 1: Introduction, financial information and recording financial information
In this unit you will be introduced to the fundamentals of accounting and finance in the business context.
Money will be the primary focus, including how it fits in with the organisation in its competitive environment and how it works at the different levels of operation within the organisation. Different types of finance will also be explored.
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Professor Tony Ward
Tony is Professor of Engineering Management in the Department of Electronics at the University of York where he has worked for 25 years. Prior to that he spent 18 years in Industry as an electronic design engineer, technical manager and programme manager for a number of different companies. Within York he has held the position of Provost of Alcuin College and Director of the Centre for Excellence in Teaching and Learning in Enterprise. Externally he has been President of the European Association for Education in Electrical and Information Engineering and managed or participated in over 20 research projects. He has published 17 journal papers, over 100 conference papers, given over 20 invited lectures or keynotes and written or contributed to 8 books or formally published reports. His research is in area of Engineering Education and Entrepreneurship. He is the founder and Chairman of Skillsforge Ltd. A competence management and course booking spinout business from the University of York.
• Explain where accounting and finance fits into the business environment
• Explain the general operational levels within an organisation and the impact of accounting and finance at each level
• Introduce you to the three arms of finance
• Explain the three key managerial activities