ACCT-2010Profitability Management
In this course students will reinforce accounting competencies gained in ACCT-1071 Accounting Fundamentals, focusing on specialized skills tailored for the hospitality sector. Emphasizing profit management, students delve into critical financial aspects such as revenue analysis, cost controls, and budgeting within hospitality contexts. Key topics include interpreting financial statements, optimizing payroll, food, and beverage expenses, and integrating sustainability practices. Practical applications encompass hands-on spreadsheet use for financial operations, proficiency of key performance metrics, and formulation of strategic plans to enhance business profitability and operational efficiency.
