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Hotel Financial Management: Income Statements and Balance Sheets

Hotel Financial Management: Income Statements and Balance Sheets

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • On-Demand course

  • All levels

Description

Highlights of the Course
  • Course Type: Online Learning

  • Duration: 3 hours

  • Tutor Support: Tutor support is included

  • Customer Support: 24/7 customer support is available

  • Quality Training: The course is designed by an industry expert

  • Recognised Credential: Recognised and Valuable Certification

  • Completion Certificate: Free Course Completion Certificate Included

  • Instalment: 3 Installment Plan on checkout


What you will learn from this course?
  • Gain comprehensive knowledge about finance analysis and management

  • Understand the core competencies and principles of finance analysis and management

  • Explore the various areas of finance analysis and management

  • Know how to apply the skills you acquired from this course in a real-life context

  • Become a confident and expert financial manager or business manager


Hotel Financial Management: Income Statements and Balance Sheets Course

Master the skills you need to propel your career forward in finance analysis and management. This course will equip you with the essential knowledge and skillset that will make you a confident financial manager or business manager and take your career to the next level. This comprehensive hotel financial management course is designed to help you surpass your professional goals. The skills and knowledge that you will gain through studying this hotel financial management course will help you get one step closer to your professional aspirations and develop your skills for a rewarding career.

This comprehensive course will teach you the theory of effective finance analysis and management practice and equip you with the essential skills, confidence and competence to assist you in the finance analysis and management industry. You'll gain a solid understanding of the core competencies required to drive a successful career in finance analysis and management. This course is designed by industry experts, so you'll gain knowledge and skills based on the latest expertise and best practices. This extensive course is designed for financial manager or business manager or for people who are aspiring to specialise in finance analysis and management.

Enrol in this hotel financial management course today and take the next step towards your personal and professional goals. Earn industry-recognised credentials to demonstrate your new skills and add extra value to your CV that will help you outshine other candidates.

Who is this Course for?

This comprehensive hotel financial management course is ideal for anyone wishing to boost their career profile or advance their career in this field by gaining a thorough understanding of the subject. Anyone willing to gain extensive knowledge on this finance analysis and management can also take this course.

Whether you are a complete beginner or an aspiring professional, this course will provide you with the necessary skills and professional competence, and open your doors to a wide number of professions within your chosen sector.

Entry Requirements

This hotel financial management course has no academic prerequisites and is open to students from all academic disciplines. You will, however, need a laptop, desktop, tablet, or smartphone, as well as a reliable internet connection.

Assessment

This hotel financial management course assesses learners through multiple-choice questions (MCQs). Upon successful completion of the modules, learners must answer MCQs to complete the assessment procedure. Through the MCQs, it is measured how much a learner could grasp from each section. In the assessment pass mark is 60%.

Advance Your Career

This hotel financial management course will provide you with a fresh opportunity to enter the relevant job market and choose your desired career path. Additionally, you will be able to advance your career, increase your level of competition in your chosen field, and highlight these skills on your resume.

Recognised Accreditation

This course is accredited by continuing professional development (CPD). CPD UK is globally recognised by employers, professional organisations, and academic institutions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement.

Course Curriculum

Introduction & Fundamentals

Introduction

00:02:00

Introduction to Hotel Operations

00:05:00

Fundamentals of Accounting Concepts

00:03:00

What is Allocation of Expenses

00:04:00

What are Prepayments

00:02:00

Key Terms Used In Hospitality

Key Terms Used in Hospitality

00:01:00

Rooms Division Key Terms - Occupancy & Related Terms

00:07:00

Room Division Key Terms ADR and Related Terms

00:06:00

F&B Business - Key Quantity Drivers

00:08:00

Food & Beverage Division - Key Revenue Terms

00:07:00

What are various Revenue Segmentation - Transient Business

00:05:00

Hotel Revenue Segmentation - Group Business

00:05:00

F&B Revenue Segmentation Fundamentals

00:05:00

Standard Templates And Analysis Fundamentals Steps

Standard Profit & Loss Templates Prescribed by USALI for Lodging Industries V11

00:11:00

Revenue Reports Analysis Fundamentals

00:05:00

Horizontal Analysis in practice through Room Segment Analysis

00:07:00

Vertical Analysis Explained via Room Segment Report

00:07:00

Combined Analsysis Simplified - Market Segment Report

00:04:00

Revenue Management & Analysis Reports

Why You Should know The Business Source

00:05:00

Guest Nationality Report

00:04:00

Booking Lead Period and Booking Pace Concepts

00:04:00

Market Benchmark & Competitor Comparison Report

00:05:00

Upselling & Upgrades

00:03:00

Menu Engineering Report

00:08:00

Expenses & Expense Control Reports

Labour Cost Basic Pay & Wages

00:05:00

Labour Cost - Service Charge

00:05:00

Labour Cost - Other Components

00:03:00

Labour Cost Analysis

00:05:00

Other Expenses and Control Reports

00:07:00

Cost Management Ideas Part 1

00:06:00

Cost Management Ideas - Part 2

00:05:00

Overall P&L Analysis

Profit & Loss Analysis Steps

00:06:00

Room Division Profit & Loss

00:08:00

F&B Profit & Loss Statement

00:07:00

Certificate of Achievement

Certificate of Achievement

00:00:00

Get Your Insurance Now

Get Your Insurance Now

00:00:00

Feedback

Feedback

00:00:00

About The Provider

Study Plex
Study Plex
Birmingham
Study Plex is a company focused on providing a range of learning and development opportunities, to entertain and educate our learner base through the use of modern learning technology.
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