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Advanced Uniform System of Accounting for Lodging Industries Part 2

What Will I Learn? Gain an in-depth understanding of the accepted accounting practices in lodging industries Know how to prepare …

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What Will I Learn?

Gain an in-depth understanding of the accepted accounting practices in lodging industries

Know how to prepare and present financial statements for hotels

Understand the types of organisational structures hotels use

Learn about the structure of room departmental expenses

Have an excellent understanding of labour cost departments and positions

Gain the skills needed to interpret and prepare financial reports

Be able to work in compliance with the uniform system

Course Overview

The Advanced Uniform System of Accounting for Lodging Industries Part 2 course continues to explore the USAL, covering key areas such as food and beverage revenue, operating expenses, statistics to understand property by venue, and calculating metrics. It is ideal for anyone who has successfully completed the part 1 training course.

This course is ideal for hotel accounts who wish to learn up-to-date skills and industry knowledge. By the end of this training, you will have the practical skills and knowledge to oversee hotel budgets, staff payroll, and general day-to-day financial tasks within this industry effectively, working towards a high standard in complete compliance with USAL.

This best selling Advanced Uniform System of Accounting for Lodging Industries Part 2 has been developed by industry professionals and has already been completed by hundreds of satisfied students. This in-depth Advanced Uniform System of Accounting for Lodging Industries Part 2 is suitable for anyone who wants to build their professional skill set and improve their expert knowledge.

The Advanced Uniform System of Accounting for Lodging Industries Part 2 is CPD-accredited, so you can be confident you’re completing a quality training course will boost your CV and enhance your career potential. The Advanced Uniform System of Accounting for Lodging Industries Part 2 is made up of several information-packed modules which break down each topic into bite-sized chunks to ensure you understand and retain everything you learn.

After successfully completing the Advanced Uniform System of Accounting for Lodging Industries Part 2, you will be awarded a certificate of completion as proof of your new skills. If you are looking to pursue a new career and want to build your professional skills to excel in your chosen field, the certificate of completion from the Advanced Uniform System of Accounting for Lodging Industries Part 2 will help you stand out from the crowd. You can also validate your certification on our website.

We know that you are busy and that time is precious, so we have designed the Advanced Uniform System of Accounting for Lodging Industries Part 2 to be completed at your own pace, whether that’s part-time or full-time. Get full course access upon registration and access the course materials from anywhere in the world, at any time, from any internet-enabled device.

Our experienced tutors are here to support you through the entire learning process and answer any queries you may have via email.

Preview

Certification

After successfully completing the course, you will be able to get the UK and internationally accepted certificate to share your achievement with potential employers or include it in your CV. The PDF Certificate + Transcript is available at £6.99 (Special Offer - 50% OFF). In addition, you can get a hard copy of your certificate for £12 (Shipping cost inside the UK is free, and outside the UK is £9.99).

Course Curriculum

Section 01: Introduction
	Introduction to the Course	00:02:00
	Introducing Hotel Operating Structure-Profit Centers	00:03:00
	Introducing Hotel Operating Structure- Support Centers	00:03:00
	Explaining the main Profit & Loss Statement	00:09:00
Section 02: F&B Department Revenue
	F&B Profit & Loss Statement Template (Revenue and Cost of Sale) Part 1	00:05:00
	F&B Profit & Loss Template Explained Part 2	00:04:00
	Food Revenue and Beverage Revenue Explained	00:08:00
	F&B Allowance and Other Revenue Lines Explain	00:16:00
Section 03: F&B Department Expenses
	F&B Cost of Food Sales and Beverage	00:09:00
	F&B Cost of Sale for Other Revenue	00:06:00
	F&B Dept. Labour cost (Salary and Wages)	00:05:00
	F&B Dept. Other Line Items for Labour Cost	00:08:00
	F&B Labour Cost Supplemental Pay and Employee Benefits	00:08:00
	F&B Operating Expenses – Banquet Expenses	00:03:00
	F&B Operating Expenses Starting with C	00:08:00
	F&B Operating Expenses – Decoration to Linens	00:10:00
	F&B Operating Expenses – Management Fee to Utensils	00:08:00
Section 04: F&B Department Statistics
	F&B Dept. Operating Metrics Prescribed by USALI	00:10:00
	F&B Dept. Statistics to Understand Profitability by Venue	00:06:00
	F&B Dept. Formula to Calculate Metrics Discussed Earlier	00:08:00
Section 05: How to Analyse P&L and Resource
	Fixed and Venable Expenses and How to Analyse P&L	00:16:00
	F&B and P&L in Excel	00:00:00
	F&B Revenue, Expenses and Statistics as Per USALI	00:40:00
Assignment
	Assignment – Advanced Uniform System of Accounting for Lodging Industries Part 2	00:00:00