Finance and Accounting for Energy Engineers

Professor Bobby Rauf, P.E, C.E.M, C.M.T, MBA, is the President, Chief Consultant and a Senior Instructor at Sem-Train, LLC. Professor Rauf has over 25 years of experience in teaching undergraduate and postgraduate engineering, science, math, business administration, and MBA courses, seminars, and workshops. Mr. Rauf earned his B.Sc. in Electrical Engineering, with honors, from NC State University, Raleigh, NC, USA. He earned his Executive MBA degree from Pfeiffer University Misenheimer, NC, US. He is a registered Professional Engineer in the States of Virginia, Wyoming, and North Carolina and is a Certified Energy Manager. He holds a patent in process controls technology. Mr. Rauf’s 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 a "Legend in Energy" by AEE in 2014. He is a member of the American Society of Engineering Education and has developed and instructed Professional Engineering and Fundamentals of Engineering Exam (NCEES) Prep Courses over the past twenty years. Professor Rauf develops and instructs PDH (Professional Development Hour) and continuing education, engineering skill building seminars and courses. See testimonials from past attendees at www.sem-train.com. He is also an Adjunct Professor at Gardner-Webb University. Professor Rauf has published multiple texts over the last ten years.

• 1. Finance, Accounting, Associated Definitions, Concepts and Organizational Structures 2. Break Even Analysis, Concepts And Case Studies 3. Energy and Non-energy Engineering Economics – Time Value of Money-based Analysis of Energy Project Investments, Revenues, Savings and Costs 4. Financial Reporting Requirements, 10-K, 10-Q and 8-K 5. Income Statements and Balance Sheets, Cash Flow and Working Capital, Concepts and Analysis 6. Financial Metrics and Ratios 7. Depreciation Alternatives, S/L, Double Declining Balance, SOY Digits, Statutory Depreciation Methods, Concepts and Analysis 8. Inventory Concepts, FIFO, LIFO, EOQ, Inventory Order Cycle, WIP Inventory, Inventory Carrying Costs, Ordering Costs, Concepts and analysis 9. Electric and Gas Bill Schedules, Calculations and Analysis 10. Types of Cost, Life Cycle Cost and Repair versus Replace Decisions and Analysis 11. EPC, Energy Performance Contracting and ESCO’s – Business, Economic, and Financial Perspective; Comparison of Lease and Capital Investment Alternatives.