Accounting and Finance for Engineers Part Two Unit 3: Assets and Liabilities
In this unit we are going to look at assets and liabilities. We start with a very general look at assets in the business sense. We will explore the difference between fixed and current assets and the diverse types of each. Then we will look at the benefits gained from assets from a time perspective, the liquidity of assets and how fixed assets can be valued.
All prices shown are exclusive of VAT which will be added at checkout.
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 the meaning of direct and indirect assets
• Enable you to identify which type any asset is in your company
• Introduce you to the three types of fixed assets and the four types of current assets
• Introduce you to short and long term liabilities