2020-2021 Catalog 
    
    Apr 28, 2024  
2020-2021 Catalog [PREVIOUS CATALOG YEAR]

HOS 200 - Hospitality: Financial Management


Description: Study of financial statement analysis, asset management, ratio analysis, analytical techniques, and investment decision making. Emphasis on planning, budgeting, and management decisions.

Prerequisites: HOS 100  

Credits: 3
Lecture: 3
Course Content:
  1. Managerial accounting in the hospitality industry
  2. Purposes and uses of financial statements
  3. Uses of financial ratios in operations analysis
  4. Internal control
  5. Cost management techniques
  6. Framework and application of budgeting
  7. Working capital and cash management
  8. Investment decision making 

Learning Outcomes:
  1. Distinguish between managerial accounting and financial accounting for the hospitality industry. (1)
  2. Examine and use financial statements. (2)
  3. Identify and describe the uses of financial ratios in operations analysis. (3)
  4. Examine the purposes of internal control processes. (4)
  5. Identify and describe types of management and control systems. (4)
  6. Identify and use costs management techniques. (5)
  7. Analyze the framework and application of budgeting. (6)
  8. Identify and describe key concepts of working capital and cash management techniques. (7)
  9. Identify and examine the principles of investment decision making. (8)