Hotel Accounting And Presentation Of Financial Statement

We believe accounting serves a purpose beyond presenting the historical financial position of a hotel. Timely accounting information, properly presented, is information that management can use to improve future performance and compare income and expenses to past performance and future goals.

CONTENT:

• Purpose and role of Management Accounting
• Standard Costing and Budgetary Control
• Decision Making
• The Management of Working Capital
• Investment Appraisal
• Management Accounting and Computers.
• Profit And Loss Accounts
• Recording Revenue
• Recording Expenses
• Petty Cash
• Balance Sheet
• Budgeting

FOR WHOM: Accountants, Auditors, Managers, Decision Markers, Heads of Departments, Supervisors, Budget Managers and others who performed related functions
 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.