Course Objectives:
• Understand the principles and practices of auditing within the hotel and hospitality industry.
• Develop skills to perform internal audits effectively.
• Learn to identify and assess risks in hotel operations.
• Gain insights into compliance with industry standards and regulations.
• Enhance problem-solving and decision-making abilities in auditing contexts.
Introduction to Auditing in Hotel and Hospitality Management:
• Importance of auditing in the hospitality industry
• Overview of auditing standards and regulations
• Role of internal and external audits
Auditing Principles and Practices:
• Fundamental auditing concepts
• Types of audits: financial, operational, compliance, and IT audits
• The audit process: planning, execution, reporting, and follow-up
Risk Assessment and Internal Controls:
• Identifying and evaluating risks in hotel operations
• Designing and implementing effective internal controls
• Case studies on risk management in hospitality
Audit Planning and Preparation:
• Developing an audit plan
• Setting audit objectives and scope
• Gathering and analyzing relevant data
Conducting the Audit:
• Performing fieldwork: techniques and tools
• Interviewing staff and management
• Testing and verifying transactions and controls
Audit Reporting:
• Documenting audit findings
• Writing clear and actionable audit reports
• Communicating results to stakeholders
Compliance and Regulatory Requirements:
• Key regulations affecting the hospitality industry
• Ensuring compliance with health, safety, and environmental standards
• Legal and ethical considerations in auditing
Technology in Auditing:
• Using audit software and tools
• The role of data analytics in auditing
• Cybersecurity audits in the hospitality industry
FOR WHOM:
Revenue Auditors, Chief Accountant, Finance Managers, Operations managers, Small Hotel Owners and those who undertakes internal auditing of a hotel.
Methodology
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
DATE:
1ST BATCH: 6th – 9th May, 2025
2ND BATCH: 9th – 12th Sept, 2025
3RDBATCH: 16th – 19th Dec, 2025
25, Queen street, Alagomeji Bus Stop, Yaba, Lagos