This book is the first edition that combines accounting principles with engineering work. It is a basic-level textbook in accounting for science and engineering students and working professionals engaged in engineering project planning. By introducing the fundamentals of accounting and accounting issues that are related to corporate management and Research and Development work, this book helps the reader gain the knowledge and skills to analyze financial statements, manufacturing costs and tax issues from an engineer’s perspective. It is a handy book that covers such essential topics as Financial Accounting, Cost Accounting, Corporate Management and Financial Statements Analysis, Research and Development Management, Target Costing, and Value Engineering. With this book, the reader is able to grasp the basics of accounting and Research and Development costing within a week, which will become a solid foundation for business leaders in technology and management.