Managerial Accounting for the Hospitality Industry

Course Description:
This course will acquaint the student with the creation, presentation, interpretation, and analysis of internal and external hospitality financial reports affecting management decisions using Uniform Systems of Accounting for Lodging Properties, Clubs, and Restaurants.

Course Schedule:

Week	Subject	Assignment
1	Introduction to Managerial Accounting	Chapter 1
2	The Balance Sheet	Chapter 2
3	The Income Statement	Chapter 3
4	The Statement of Cash Flows	Chapter 4
5	Ratio Analysis	Chapter 5
6	Test #1
7	Basic Cost Concepts	Chapter 6
8	Cost-Volume-Profit Analysis	Chapter 7
9	Cost Approaches to Pricing	Chapter 8
10	Test #2
11	Forecasting Methods	Chapter 9
12	Operations Budgeting	Chapter 10
13	Cash Management	Chapter 11
14	Internal Control	Chapters 12
15	Capital Budgeting and Lease Accounting	Chapters 13-14
	Final Exam

Non Credit Course Requirements:

Take part in all online sessions
You are not required to complete any projects or exams
You are able to interact with the professor through email
HFTP will provide members with 54 CPE points toward CHAE & CHTP maintenance for completion of the entire course.

Required Texts and Materials (Included in registration fee):
Hospitality Industry Managerial Accounting
Fifth Edition
Raymond S. Schmidgall
Educational Institute of the American Hotel and Motel Association
ISBN: 0-86612-149-8

For more information contact UCF Division of Continuing Education at 407-882-0260