Hospitality Managerial Accounting II. ((3 Credits))

Catalog description

Prerequisite(s): ACC 2110 and University Advanced Standing Pre- or Corequisite(s): HM 3020 Integrates principles of operations and managerial accounting as they relate to the hospitality industry. Emphasizes developing competencies in analyzing real world hospitality industry scenarios using spreadsheet software. Includes cost volume profit analysis and applications, forecasting, production controls, budget creation and uses, flexible budgets, depreciation, taxation, time value of money basics, capital budgeting, evaluating and financing investments, and cost benefit analysis.