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Enhance your hotel business strategies with better financial statements with our Hotel Financial Management: Income Statements and Balance Sheets course. Our course is designed to provide you with insights into standard templates and revenue management to control expenses. Additionally, you will learn how to make various reports and analyses with effective training.
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. Youโll 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.
Course Success Stories
Recognised Accreditation
CPD certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world. Many organisations look for employees with CPD requirements, which means, that by doing this course, you would be a potential candidate in your respective field.
The Quality Licence Scheme is a brand of the Skills and Education Group, a leading national awarding organisation for providing high-quality vocational qualifications across a wide range of industries.
Course Curriculum
Introduction
Introduction to Hotel Operations
Fundamentals of Accounting Concepts
What is Allocation of Expenses
What are Prepayments
Key Terms Used in Hospitality
Rooms Division Key Terms โ Occupancy & Related Terms
Room Division Key Terms ADR and Related Terms
F&B Business โ Key Quantity Drivers
Food & Beverage Division โ Key Revenue Terms
What are various Revenue Segmentation โ Transient Business
Hotel Revenue Segmentation โ Group Business
F&B Revenue Segmentation Fundamentals
Standard Profit & Loss Templates Prescribed by USALI for Lodging Industries V11
Revenue Reports Analysis Fundamentals
Horizontal Analysis in practice through Room Segment Analysis
Vertical Analysis Explained via Room Segment Report
Combined Analsysis Simplified โ Market Segment Report
Why You Should know The Business Source
Guest Nationality Report
Booking Lead Period and Booking Pace Concepts
Market Benchmark & Competitor Comparison Report
Upselling & Upgrades
Menu Engineering Report
Labour Cost Basic Pay & Wages
Labour Cost โ Service Charge
Labour Cost โ Other Components
Labour Cost Analysis
Other Expenses and Control Reports
Cost Management Ideas Part 1
Cost Management Ideas โ Part 2
Profit & Loss Analysis Steps
Room Division Profit & Loss
F&B Profit & Loss Statement
- Individual
- Business
Course info
Duration
Accredited by
Tutor Support
Course Access
180 Minutes
CPD UK & QLS
Included
1 Year
Course Review
FAQs
CPD is globally recognised by employers, professional organisations and academic intuitions, thus a certificate from CPD Certification Service creates value towards your professional goal and achievement. CPD-certified certificates are accepted by thousands of professional bodies and government regulators here in the UK and around the world.
Although QLS courses are not subject to Ofqual regulation, they must adhere to an extremely high level that is set and regulated independently across the globe. A course that has been approved by the Quality Licence Scheme simply indicates that it has been examined and evaluated in terms of quality and fulfils the predetermined quality standards.
For CPD accredited PDF certificate it will take 24 hours, however for the hardcopy CPD certificate takes 5-7 business days and for the Quality License Scheme certificate it will take 7-9 business days.
Yes, you can pay via Invoice or Purchase Order, please contact us at [email protected] for invoice payment.
Yes, you can pay via instalments at checkout.
No, there is no age limit for online learning. Online learning is accessible to people of all ages and requires no age-specific criteria to pursue a course of interest. As opposed to degrees pursued at university, online courses are designed to break the barriers of age limitation that aim to limit the learnerโs ability to learn new things, diversify their skills, and expand their horizons.
After successfully purchasing the course, you will receive an email within 24 hours with the login details of your course. Kindly check your inbox, junk or spam folder, or you can contact our client success team via [email protected]