Travel assiduity Financial Analysis & tone down TIM 4620
Instructor:Thomas Zhuang
Course:TIM 4620
Term:Fall semester 2012
crystallise:Mondays (17:15 20:10)
Class Room:MP 441
seat Hours:2:00 PM 4:00 PM on Wednesdays
post: 1188 Bishop St. #1010
Phone: 523-1837 (W)
295-8878 (C)
E-mail: go4888@aol.com
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Required Text:
Hospitality Industry Managerial Accounting
by Raymond S. Schmidgall, Seventh Edition ISBN 13:978-0-86612-359-4
Course Description:
This course is an integrated and in-depth overview of the dynamic processes involved in utilizing relevant information to plan for, manage, and control a course in the Hospitality and Travel Industry (HTI). Particular fury is placed on those processes involved in analyzing and produce wording monetary information. The use of this analysis as the basis upon which to make decisions change the course or plan of action that result in meeting the expectations of all stakeholders (customers, employees, management, and ultimately the owners and investors) is explored. The process of forecasting and budgeting is study and applied as a main area of tenseness for business planning.
The inter-relationship and inter-connectivity between financial and non-financial information utilized in managing a HTI operation is also explored.
Objectives:
develop analytical skills to interpret and register both financial and non-financial information of real-life companies in HTI,
understand the industry specific business environment and conditions,
be capable to analyze HTI operations and recommend performance improvements based on the findings,
understand the relationships and connections between various information, such as moment reports, business articles and news, etc., and
Prepare both short- and long-term planning...If you want to get a full essay, order it on our website: Orderessay
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