Role of Finance Department (hotel & restaurants)

1. Internal Controls

1.1. Typical internal control syllabus should do but with specific focus on Hotel environment

2. Inventory & Asset Management

3. HR productivity management in hotel and resorts

4. Financial Reporting

4.1. Uniform system of accounting

4.1.1. Periodic Reporting

4.1.2. Importance correct categorization of Revenue and expenses

4.1.3. Financial ratios

4.2. International Financial Reporting Standards (IFRS)

5. Financial Management

5.1. Working Capital Management

5.1.1. Accounts Receivable

5.1.2. Accounts Payable

5.1.3. Cash Management

5.1.4. Project Analysis

5.2. Similar to F9 ACCA

5.2.1. Financial Management (FM) | ACCA Global