Apr 25, 2024  
2017-2018 Graduate Catalog 
    
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2017-2018 Graduate Catalog [ARCHIVED CATALOG]

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HM 895 - Financial Management and Cost Controls for the Hospitality Industry

Credits: 3

Overview of fundamental knowledge of financial management, managerial accounting and operational cost controls for the hospitality industry. Important topics include review of managerial accounting concepts based on the Uniform System of Accounts for the Lodging Industry, value and risk analyses, budgeting, asset management, expansion via franchising and management contracts, cost-volume-profit analyses, and operational applications for financial performance.

Requisites:
Prerequisite: ACCTG 810; HM 342; and HM 480 or HM 560 or MANGT 420.

Typically Offered
Fall


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