Hotel Management School is an initiative to bring Hospitality management expertise to practicing hotel management staff and professionals. Traditional hotel management schools deals mostly with theoritical and book knowledge when it comes to practical hotel management aspects. we aim to bring real life hotel management situations to prepare staff and take up the challages by providing them professionaly crafted part term online hotel management courses.so that they can learn while working. Our hospitality courses are prepared by instructors having hands on experience in hotel management and training. We are committed to provide quality hotel management learning with practical assignments and related industry experience to our learners and followers.. Hotel Management employees always need to upgrade their skills for getting promotion and advancing their careers.
Course Specialization : Finance & Hotel Development
Program Level : Short Program
Mode of Study : Online
Location : Yangon/Myanmar
Minimum Education Required : High School
Posted : 13 Jan 2021
Duration : 11 Hours
Start Date Of Admission : 06 Jul 2020
Last Date Of Admission : 02 Aug 2020
Website : Go to Website
Local Fees : USD 10
International Fees : USD 10
A Complete all in one course for Startup founders, Business Owners, Executives, Accounting professionals to give them a start to finish course.
Program Goals ● To equip the startup Founders with financial skills to project, plan and execute
● To support the founders to really dig down into the details of the financial models and projections which will be helpful for conversation with investors
●To receive customized feedback from the instructors to build in the financial consideration of the company
Course Topics and Outlines
● Understanding the fundamentals of Accounting financial statements and how to draw them.
1. Fundamentals of accounting practices.
2. Types of Accounts and Financial Statements
3. Accounting Entries
4. Relationship between Profit Loss / Balance Sheet and Cash Flow
5. Key Accounting Policies
b. Fixed Assets
c. Capital vs operating expenses.
d. Revenue Recognition
e. Expenses Accounting
6. Accounting Control Practices
a. Receivable from customers
b. Advance / pre payments
c. Accruals and Provisions
d. Fixed Assets
e. Supplier Payments
7. Working Capital
8. Analysis Steps and Methods
● Analyzing financial numbers for making business decisions
A. Analyzing Financial Statements in Details.
B. Ratio Analysis
a. Why Ratio Usefulness and Limitations
b. Profitability Ratio
c. Liquidity Ratios
d. Working Capital
e. Asset Utilization
f. Return Ratios
g. Special Purpose
C. How to use Ratio analysis to understand ground reality in operations.
D. How operational decisions affect financial results.
E. Working Capital Management
F. Pricing Decisions
G. Capital Expenditure planning decisions
H. Using Financial Analytics Metrics for KPI management
I. Using financial numbers together with operational metrics
● Budgeting and forecasting and financial plan.
A. Why Budgeting / Forecasting / Planning is needed for business
B. Is it just a paper exercise?
C. How to make use of budgeting forecasting.
D. Components of Budgets.
E. How to forecast and defend unforeseen future and able to defend it
● Deriving financial plan and blending with business models
Business Model Components
how each business model component is represented in financial plan
Interwind different components to make a complete business plan.
● Understanding the business value and do self-valuations
What is Value??
Value from different prospective.
Different Methods of Valuation.
o Income Approach
o Cost Approach
Inherent limitations and uncertainties of valuation models.
How can we enhance value of our business?
Share your experiences with valuation and how inventors value your startup
Online Application and Subscription via this link -https://bit.ly/Complete-Accounting
Proficiency in English: basic english