Students from all engineering disciplines, as well as professional engineers, need to understand company finance in order to work effectively within commercial organisations. Corporate finance is therefore an essential aspect of the education of every engineer.
Written by an engineer, this innovative book provides a course in company finance, illustrated with numerous case studies of well-known engineering companies - including Rolls Royce, ICI, British Aerospace, Ferranti, Ford, Glaxo, GEC, British Steel, PowerGen and others. General principles are related to the affairs of specific companies, thus giving an effective overview for the busy engineer.
Table of Contents
What is this book about? * What we want to do, and how * The financial statements * Profit and loss * Assets and liabilities * Dealing with shares and stocks * Capital structure - equity or loans? * The grim reaper - taxation * Analysis of accounts * What next? * Further reading * Index.
"... introduces the concepts of finances from an engineering standpoint, and attempts to clarify where the two areas fit together... written by an engineer for an engineer... unlike most books which attempt to bridge the gap the examples are not limited to one particular area"
"It explains the way companies maintain cash flow and operate in financial terms, and goes on to outline the tools required to manage the finances of a company."
The Chemical Engineer