This unique online course, offered in partnership with Ascend, the learning partner for US based HFTP, has been designed for all those seeking to strengthen their understanding of hotel accounting best practice and benchmarking. The USALI sets out recommended formats, account headings and cost classifications for the preparation and presentation of management accounting statements for hotels. The first edition was published in 1926 and since then this has become the industry standard for best practice reporting in the hotel and wider hospitality sector. Over the years the USALI has been revised numerous times with the 11th Edition released in 2014.
This course is ideal for:
- Hospitality finance professionals whose role includes the preparation of internal accounts for control and strategic decision making
- Finance professionals entering the hospitality industry
- Technology and systems providers for the hospitality industry
- Operational managers seeking to gain a detailed insight into the statements used in hotel accounting
The course will enable you to gain a detailed understanding of the hotel financial statements and ratios used as recommended by the USALI:
- Understand the organisation and details of the operating statement and schedules
- Know the various financial statements and how they are compiled
- Use financial ratios and operating metrics to compare and evaluate the operational and financial performance of the property.
Contact us to find out how this course can be tailored to the needs of your organisation.
For more information download the course flier here.
To book on to the next available course visit here.
The programme of activities will be delivered by Debra Adams, founder of arena4finance, and provides the opportunity to gain three widely recognised certifications from the US based Hospitality Finance and Technology Professionals Association.
