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Nov 26, 2024
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2023-2024 Official General Catalog [Archived Catalog]
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BHM 270 - Hospitality Managerial Accounting
This course provides students with a basis for planning and protecting a hospitality operation’s financial success. Covers methods of financial analysis, forecasting, and budget and cost management.
Prerequisite- Corequisite
Prerequisite: BHM 235 Hotel and Restaurant Cost Control
Credits: 3
Hours
3 Class Hours
Course Profile
Learning Outcomes of the Course:
Upon successful completion of this course the student will be able to:
- Employ accounting principles and interpret Income Statements and Balance Sheet information.
- Analyze financial data and ratios.
- Institute operating controls and pricing methodologies.
- Conduct effective cost management operations.
- Establish budgets and cash management systems.
- Create financial and investment plans.
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