Financial control - a brief note

Engineering management students need to have some basic skills in financial control. I want to highlight the following topics for you to study:

1. Financial statements, especially on balance sheet and profit and loss account (or income statement)
2. Financial ratio analysis

You need to learn the financial management skill to evaulate the finanical health of a compnay using financial information released in financial portals, see bochk.com website. In your analysis, try to review the various financial statement items and come up with an overall assessment of the financial health of a company. A trend analysis of these fiancial figures is also useful. When doing more detailed case studies, you may be required to do benchmarking of the financial health of the company under review with another company of similar profile.