HADM 4100 - Hospitality Financial Analysis

3 Credit Hours
Prerequisites: FI 3300 or consent of instructor.
Requirements: Must meet RCB upper division course requirements and 45 semester hours. Lab fee $70.00 (includes a certification exam, Certification in Hospitality Industry Analytics).

Description
Internal systems for monitoring revenues and expenses, ratio analysis, break-even, and closing point are pre- sented as additional financial tools for the owner-manager. Other topics include labor costs analysis and scheduling techniques; the menu as a cost control and marketing tool; sales mix analysis; pricing theories and methodology; food and beverage purchasing; and inventory systems. The course also covers the Uniform System of Accounts for Restaurants and Small Hotels and Motels, financial reporting for opera- tional analysis, and proforma development.