Profitability Planning (5 cr)

Evaluation scale

H-5

Implementation methods, demonstration and Work&Study

Contact lessons including:
Group working
Individual learning
Examination

Recognition of Prior Learning, RPL:
Courses or parts of courses at other educational institutes or work experience are not accredited as such towards the HAAGA-HELIA studies directly, but the required skills and competences are demonstrated by a skills examination. Please contact the teacher.

Work-based learning (Work & Study):
If your work tasks support learning goals and skills required of this course, you can gain the competences by working and by connecting practical work with a theme-related knowledge base. ?Please contact the teacher.

Intro

After completing this course, you will understand the central role of financial reporting and financial planning in the business operations of the hospitality, restaurant and tourism sector. During the studies, you will familiarize yourself with different ways of producing essential information through accounting for the decision-making needed to manage the company.

The aim of the course is to bring together the most important competences in management accounting, which will benefit a future supervisor, expert or service professional.

During the course, you will learn the basics of financial communication and how you will be able to communicate more efficiently, taking into account the different stakeholders of the company.

Materials

Schmidgall, R. 2011 (or later). Hospitality Industry Managerial Accounting. Educational Institute of the American Hotel & Motel Association, USA. Chapters: 6 - 11
Other study materials in Moodle