Back

Hospitality Management Accounting

$590.00

A success measure of a hospitality business lies on its financial outcomes.  Therefore, as a hospitality manager you have the responsibility to master accounting concepts and financial reports.  In addition, you are required to apply the relevant practical knowledge and skills in order to assess financial information and make the right decisions which will benefit the various operating departments and the overall financial situation of the organization.

-
+

Financial performance is of great importance to different stakeholders with direct and indirect interests in any hospitality business.  This certificate has been dezigned to assist and prepare managers at different levels, to build a solid awareness of accounting concepts, financial reports and techniques.  Professionals can put into use immediately their financial knowledge and practical skills for a variety of uses, such as the formulation and implementation of financial planning and control systems that are indispensable for the financial success of any hospitality operation.

Upon successful completion of this certificate you will be able to:

  • Explore and discuss important accounting principles and concepts
  • Appreciate the nature, purpose and interrelationship of the major financial reports
  • Consider and implement different cost management techniques for decision-making
  • Master the multiple uses of cost-volume-profit analysis within a hospitality setting
  • Use different methods for controlling and measuring business performance
  • Apply various techniques methods for evaluating investments

This certificate consists of the following courses:

  • Exploring Accounting Principles and Concepts
  • Financial Reporting
  • Cost Management for Decision Making
  • Cost-Volume-Profit Analysis In Practice
  • Measurement and Analysis of Business Performance
  • Evaluating Investments

 

Code: FIN511

Duration: 6 weeks

Equivalent Credits: 3 U.S./10 U.K.

Courses: 6

Award: Certificate of Completion in ‘Hospitality Management Accounting’.

Price: $590

Reviews

There are no reviews yet.

Be the first to review “Hospitality Management Accounting”

Your email address will not be published. Required fields are marked *