Hospitality Industry Accounting and Financial Analysis

Catalog description

This course provides students with the fundamental knowledge to interpret and analyze the key reports and financial statements used daily in the hospitality industry. Focusing on profit and loss statements, students learn to use numbers to assess the performance of individual departments and the overall operation. These numbers are the basis for managerial decisions that increase revenues and control costs. A work ethic grade is assigned for this course. For more information see Work Ethics.