Professional Diplomas
Professional DiplomaDiploma stage: AdvancedTutor-assessed
Hotel Finance and Managerial Accounting
150 learning hours150 learning hours (about 40 guided hours plus self-study, case work and assessment)9 modules
Hotel finance for managers: USALI statements, ratios, cost behaviour and CVP, driver-based budgets and variance analysis, internal controls, cash management, investment appraisal and hotel valuation.
Modules
- 1Module 1: Accounting Fundamentals for Hotels
- 2Module 2: The USALI Operating Statement
- 3Module 3: Financial Ratio Analysis
- 4Module 4: Cost Behaviour, CVP and Pricing
- 5Module 5: Budgeting, Forecasting and Variance Analysis
- 6Module 6: Internal Control and the Income Audit
- 7Module 7: Cash, Working Capital and Credit Management
- 8Module 8: Capital Investment and Hotel Valuation
- R1Assessment and Reading
Assessment components
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