M4 - Hotel Finance USALI - OOD P&L, Spa, Health Club & Golf

🏫 Master the Art of Hotel Finance with M4 - Hotel Finance USALI Course

Welcome to an immersive learning journey in hotel finance, where understanding the financial intricacies of the lodging industry is not just taught but brought to life. This course, meticulously designed by the Hotel Management School and led by a seasoned CFO with over 12 years of experience, will provide you with comprehensive knowledge and practical skills for managing hotel finances effectively.

Course Overview:

Hospitality finance is a realm of its own, deeply intertwined with the day-to-day operations of a hotel. Unlike traditional finance roles, the finance department in hotels often functions as an integral part of the operational machinery. This means it plays a critical role in cash control, purchasing, and material management. 💼💰

Why This Course?

• Unique Industry Insights: Learn how hotel finance differs from standard business accounting due to its operational nature. 🏨
• Fast-Paced Learning: Tailor your learning experience to fit your individual needs, with access to modules at your own pace. 🎓
• Real-World Application: Apply theoretical knowledge to practical scenarios through hands-on case studies and examples from real hotel operations.
• Expert Guidance: Benefit from the extensive experience of a CFO managing 15 hotels across Myanmar, providing you with expert insights and best practices. 🧠🏘️

Course Structure:

Module 4: Financial Reporting for Specific Departments

In this module, we'll dive deep into the specifics of financial reporting for Golf Clubs, Spa, Health Club, and other operational departments within a hotel. You will learn how to:

• Utilize templates for Profit & Loss (P&L) accounts for Other Operating Departments (OOD).
• Define Revenue and Expense lines in P&L accounts for Golf Clubs, Spa, Health Club, and other operational departments.

Additional Modules Cover:

• Uniform System of Accounting: Master the standardized accounting practices relevant to the hotel industry.
• Accounts Receivable: Understand how to manage and track money owed to the hotel.
• General Accounting: Gain a comprehensive understanding of the general ledger and financial reporting.
• Fixed Asset Controls: Learn how to manage, track, and account for the hotel's fixed assets.
• Income Audit: Discover the auditing process for ensuring financial accuracy and compliance.
• Cost Control: Analyze and control costs to maximize profitability.

Learning Benefits:

• Interactive Learning: Engage with live session recordings and interactive Q&A sessions. 📹❓
• Certification: Upon completing all modules, you will receive a Master Class Certificate from “E hotel management school” and a completion certificate from UDEMY for each module completed. 🎉🎫
• Access to Resources: Explore additional modules at your convenience through our instructor page. 🔍

Your Instructor:

Led by an expert CFO with over a decade of hospitality finance experience, managing 15 hotels in Myanmar, you are in the best hands to learn the intricacies of hotel finance. This course is designed to provide you with the skills and knowledge necessary to excel in this dynamic field.

Embark on your journey to becoming a hotel finance expert today! Enroll in M4 - Hotel Finance USALI and unlock the door to a successful career in hotel management finance. 🌟🚀