Financial Management for Hospitality Service Organizations

Catalog description

This course presents how accounting information is used by management to analyze and measure the efficiency and profitability of hospitality service organizations. The course emphasizes the managerial uses of budgets and variance analysis, relevant cost analysis, regression analysis, and cost-volume-profit relationships. Net present value, internal rate of return, risk and cost of capital are also discussed. Prerequisite(s): ACCT1210 or ACCT2150 . Offered at Charlotte, Online, Providence 3 Semester Credits