This online course takes you into the heart of hotel financial analysis. You will acquire an understanding of the main elements of financial statements and, at a managerial level, develop your ability to interpret financial statements and key performance indicators (KPIs).
What you will learn
Translate transactions into financial statements Review financial reporting process and standards Build a cash flow statements and analyze company financials using ratios Review ratio analysis, common-size analysis and cross-sectional analysis Analyze profitability using EPS, margins, ROA, ROE ratios and hospitality related metrics
Who is the course for?
Week 1 The basic financial reports
Financial reporting mechanics
Week 2 Focus on assets
Focus on liabilities and shareholders’ equity
Week 3 Cash flow analysis
Financial analysis tools and techniques
Liquidity and solvency analysis
Week 4 Profitability analysis
Costs and decision-making
Week 5 Final assessment