Hotel Accounting and Financial Statements

Introduction to Hotel Accounting
• Importance of accounting in the hotel industry
• Generally Accepted Accounting Principles (GAAP) for hotels
• Uniform System of Accounts for the Lodging Industry (USALI)
Hotel Revenue and Expense Accounts
• Room revenue and related accounts
• Food and beverage revenue and related accounts
• Other revenue sources and related accounts
• Payroll and related expenses
• Operating expenses
• Fixed expenses
Preparing Financial Statements for Hotels
• Balance sheet
• Income statement
• Statement of cash flows
• Statement of changes in equity
Analyzing Hotel Financial Statements
• Ratio analysis for hotels
• Benchmarking hotel financial performance
• Using financial data for decision-making
Budgeting and Forecasting in Hotel Accounting
• Developing hotel budgets
• Forecasting hotel financial performance
• Variance analysis and reporting
Hotel Asset Management and Valuation
• Depreciation and amortization of hotel assets
• Capitalization of hotel assets
• Hotel valuation methods
Financial Controls and Internal Auditing in Hotels
• Implementing financial controls
• Internal auditing procedures
• Fraud prevention and detection

1ST BATCH: Tuesday, February 17, 2026 — Friday, February 20, 2026.

2ND BATCH: Tuesday, June 16, 2026 — Friday, June 19, 2026.

3RD BATCH: Tuesday, October 13, 2026 — Friday, October 16, 2026.

The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.