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HHMA 4301 (3-3-0) Hospitality Industry Financial Accounting
This course focuses on financial accounting in the hospitality industry. Emphasis is on the effective management of finances, including: customer billing and collection methods, payroll, vendor payment, and maximization of budgeting and financial management through cost control methods. Students will learn how to read a hotel balance sheet and understand daily financial standing reports. Students will be challenged to create a complete hotel budget and an accompanying income plan. Periodically.
Prerequisite: ACCT 2301, 2302, FINA 3301, HHMA 3301.