Apr 01, 2023  
2019-2020 Graduate Catalog 
    
2019-2020 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: A basic financial or managerial accounting course

Typically Offered
Fall, Odd years


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