Finance and Engineering Economics for Engineers
DISCLAIMER
Before undertaking any on-demand effort, you should review the rules of your licensing/certifying entity.
It’s your responsibility to determine whether this on-demand course meets your continuing education requirements.
You must take and pass a quiz to receive credit. You can take the quiz as many times as needed and there is no time limit on the quiz.
Once the quiz is completed, you will be asked to download your certificate.
**Any on-demand programs that qualify for AIA or LACES credit will require an additional 2 business weeks for processing.
**AIA credit is not available in USB format.
Streamable MP4/PDF
You will receive an automated email letting you know when your On-Demand package is available approximately 3 business days after the date of the live event or the date of your order, whichever is later.
**Any streamable on-demand programs that qualify for AIA or LACES credit will require an additional 2 business weeks for processing.
The automated email letting you know when your On-Demand package is available will contain links to the video recording, materials, and program quiz.
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For AIA requirements only, the on-demand recording will have occasional question prompts that will not allow the video to progress unless they are answered, and you will not be able to skip forward while watching the video.
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Click the link which appears at the end of the video to be taken to the course quiz.
You will have unlimited access to the on-demand video recording, and it will never expire.
USB MP4/PDF
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**Any USB on-demand programs that qualify for LACES credit will require an additional 2 business weeks for processing.
**AIA credit is not available in USB format.
The link to the quiz will be available in a PDF in your USB drive marked QUIZ.
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Please contact HalfMoon Education if you have any questions during the process of taking this course. (715) 835-5900 or qchapman@halfmoonseminars.org
Agenda
Webinar instructions will be emailed before the date of the webinar.
Please log into the webinar 15 – 30 minutes before the start time.
Monday, August 19, 2024
10:00 am – 2:30 pm CDT
AND
Tuesday, August 20, 2024
10:00 am – 2:30 pm CDT
Presented by: S. Bobby Rauf, PE, CEM, CMT, MBA
Agenda Day One:
Monday, August 19, 2024 | 10:00 am – 2:30 pm CDT
Finance, Engineering Economics and Accounting Concepts
- Definitions
- Discussion and examples of calculations
- Economics and engineering economics
- Common organizational structures
- Role of financial analysts, accountants, controllers, and CFO’s
Income Statements and Balance Sheets
- Cash flow
- Working capital concepts
Financial Reporting Requirements and Financial Metrics and Ratios
- Payback period
- Future value (FV) Present value (PV)
- Time value of money Conversions and analyses
- Internal rate of return (IRR) Return on investment (ROI)
- Net present value (NPV) Return on equity (ROE)
- Rate of return (ROR) Current ratio
- Acid test ratio Plant turnover ratio
Agenda Day Two:
Tuesday, August 20, 2024 | 10:00 am – 2:30 pm CDT
Depreciation Alternatives
- Straight line (S/L)
- Product-based
- Sum of years (SOY) digits
Inventory Concepts
- First-in, first-out (FIFO)
- Last-in, first-out (LIFO)
- Economic order quantity
- (EOQ) Inventory turnover ratio
- Work in progress (WIP) inventory
- Inventory carrying costs
Lease vs. Buy Decisions
- Repair vs. replace decisions
Costs
- Life-cycle cost
- Period costs
- Direct and indirect costs
Webinar Instructions
All attendees must log-on through their own email – attendees may not watch together if they wish to earn continuing education credit. HalfMoon Education Inc. must be able to prove attendance if either the attendee or HalfMoon Education Inc. is audited.
Certificates of completion can be downloaded in PDF form upon passing a short quiz. A link to the quiz will be sent to each qualifying attendee immediately after the webinar. The certificate can be downloaded from the Results page of the quiz upon scoring 80% or higher.
Webinars are presented via GoToWebinar, an easy-to-use application that can be run on most systems and tablets. Instructions and login information will be provided in an email sent close to the date of the webinar. It is highly recommended that you download, install and test the application before the webinar begins by clicking on the link in the email.
GoToWebinar App requirements:
Windows 7 – 10 or Mac OSX Mavericks (10.9) – macOS Catalina (10.15)
Web Browser:
The two most recent version of the following browsers:
Google Chrome, Mozilla Firefox, Apple Safari, Microsoft Edge
Internet Explorer v11 (or later) with Flash enabled.
Internet connection: Minimum of 1Mbps Hardware: 2GB RAM or more
For more information, visit the Support section at www.gotowebinar.com
Credits
Engineers
8.0 PDHs (no credit in New York)
Continuing Education Credit Information
This webinar is open to the public and is designed to qualify for 8.0 PDHs for professional engineers in most states that allow non-HSW coursework. This course is not approved in New York and states which require HSW coursework. Please refer to specific state rules to determine eligibility.
HalfMoon Education is an approved continuing education sponsor for engineers in Florida (Provider License No: CEA362), Indiana (License No. CE21700059), Maryland, New Jersey (Approval No. 24GP00049300) and North Carolina (S-0130).
Attendance will be monitored, and attendance certificates will be available after the webinar for those who attend the entire course and score a minimum 80% on the quiz that follows the course (multiple attempts allowed).
On-Demand Credits
The preceding credit information only applies to the live presentation. This course in an on-demand format is not pre-approved by any licensing boards and may not qualify for the same credits; please consult your licensing board(s) to ensure that a structured, asynchronous learning format is appropriate.
Speakers
S. Bobby Rauf, P.E, C.E.M, C.M.T, MBA
President, Chief Consultant and a Senior Instructor at Sem-Train, LLC
Professor Rauf has over 25 years of experience in teaching undergraduate and post graduate engineering, science, math, business administration and MBA courses, seminars, and workshops. He earned his B.S. degree in Electrical Engineering, with honors, from North Carolina State University in Raleigh, North Carolina. Professor Rauf earned his Executive MBA degree from Pfeiffer University in Misenheimer, North Carolina. He is a registered professional engineer in the States of Virginia, Wyoming, and North Carolina and is a Certified Energy Manager. Professor Rauf holds a patent in process controls technology. His last full-time engineering employment in the corporate world, was at PPG Industries, Inc., where he served as a senior staff engineer. Professor Rauf was inducted as “Legend in Energy” by AEE, in 2014. He is a member of ASEE, the American Society of Engineering Education. Professor Rauf has developed and instructed Professional Engineering and Fundamentals of Engineering Exam (NCEES) Prep Courses over the past 20 years. He develops and instructs PDHs (Professional Development Hours) and continuing education, engineering skill-building seminars and courses. Professor Rauf is also an adjunct professor at Gardner-Webb University. He has published multiple texts over the last 10 years. Professor Rauf also provides text editorial services to River Publishers.
8.0 Knowledge Points
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