The central aim of this module is to demonstrate how the accounting system creates value for the hospitality organization and how it relates to various parts of the operation and its overall strategy. This module focuses on the provision of accounting information for managerial control and decision-making, related to planning and budgeting, variance analysis and performance evaluation. Students will learn accounting control techniques relevant to the effective and efficient management of a hospitality organization. 

The module also covers the role of accounting in evaluating divisional performance, in planning and controlling marketing campaigns and in the management of hospitality industry, together with the increased application of information technology to financial systems. Interactive software packages will be utilized throughout the module to help the students acquire practical accounting skills.

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Programme Fee