Cost and economic decision making are introduced allowing for comprehension of financial reports. Learn about the time value of money, figures of merit, cost-benefit analysis, and productivity measures. Discuss economic decision-making techniques including equivalent annual cost, rate of return, present worth, and cost-benefit methods. Gain an introduction to financial accounting for those without any formal coursework in accounting. Learn to read, comprehend, and interpret financial statements with an emphasis on interpretation rather than preparation. Examine the economic and regulatory environments affecting financial reporting.
Undergraduate degree in a technical field, business management, or equivalent experience.