Princ of Hosp Casino Acct
Princ of Hosp Casino Acct
Course Description
This course encompasses financial reporting systems, internal controls, managerial reporting and federal and state regulations that impact the accounting in a hotel, resort or casino environment. Students will gain hands-on experience in complying with GAAP and legal requirements of financial reporting in the hospitality and casino industries.
Learning Outcomes
- Demonstrate an understand fundamental accounting and financial management concepts.
- Evaluate financial statements accounting departments in the hospitality industry produce and the types of information these reports provide.
- Be able to use the basic vocabulary and definitions associated with accounting and financial management as applied to the hospitality industry.
- Develop the skills necessary to understand and communicate financial data to make sound decisions and powerful presentations.
- Generate and analyze fundamentals of ratio analysis and how ratios are used in financial statements and in making business decisions for the hospitality industry.
- Use common methods of analysis when to measure a hospitality business’s financial performance.
- Evaluate ethical concerns in accounting in the hospitality and casino industries.
- Demonstrate a clear understanding of major accounting concepts in writing and orally using proper business communications techniques.
- Demonstrate the ability to use on-line resources to research and prepare written and oral assignments.