M4 - Hotel Finance USALI - OOD P&L, Spa, Health Club & Golf

M4 - Hotel Finance USALI - OOD P&L, Spa, Health Club & Golf

Hospitality finance is unique from other industries. A part of the hotel finance department is considered part of hotel operations rather than a support function due to blending into the main operations for cash control, purchasing, material management.

Hotel operations are also fast-paced high-volume transactions making it unique and require a lot of internal controls and reconciliations. Being a part of a big moving machine, if finance does not function equally fast, the entire machine gets slows.  and if internal control is week, revenue may leak.

In this complete Master Class, we will learn all components of the hotel finance function, internal controls, management aspects, and technical accounting.

Class is divided into Modules and you will gain access to all modules one by one. you can choose to learn as per your individual requirements. In this module, we will be covering

-  Templates for Profit & Loss Account for Other Operating department

- Definition of Revenue and Expenses lines in Profit & Loss accounts for Golf Clubs, Spa and Health Club and other operation departments in hotel.

In other modules, we will be covering,

Uniform System of accounting,

Accounts Receivable

General Accounting

Fixed Asset Controls

Income Audit

Cost Control and other departments.

This is the Fourth Module of the class. We have also updated the recording of our live sessions for your benefit. You can ask any questions in the Question and Answers. You can check other modules on our instructor page.

The instructor of this class is an experienced CFO with over 12 years of experience in hospitality finance, Currently, he is managing 15 hotels in Myanmar.

Once you have completed all Modules, you will get entitled to Get a Master Class Certificate issued by “E hotel management school”  separately in addition to the completion certificate issued by UDEMY for Completing each module.

Uniform system of accounting for lodging industries for book keeping and preparing financial statements for hotels

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What you will learn

• uniform system of accounting for lodging industries
• Other operating departments P&L such as Spa, Gold Club, Laundry
• Hotel Management

Rating: 3.25

Level: All Levels

Duration: 1 hour

Instructor: Hotel Management School Your learning Partner