Financial accounting for hotel and tourism (BHO201)
Financial Accounting for the hospitality industry is an introduction course for bachelor students. The main aim for the course is to teach students to read and understand annual reports from companies in the hospitality industry.
Course description for study year 2024-2025
Course code
BHO201
Version
1
Credits (ECTS)
10
Semester tution start
Autumn
Number of semesters
1
Exam semester
Autumn
Language of instruction
English, Norwegian
Content
Learning outcome
After completing the coursestudents are expected to have
Knowledge:
- Have knowledge of basic accounting
- Have knowledge of key legislation regarding accounting
- Have knowledge of the deferred tax model
- Have knowledge about cash flow analysis
- Have knowledge of analysis of accounting
Skills:
- Have skills in posting financial transactions
- Have skills in accrual accounting methods
- Have skills in preparing cash flow analysis models
- Have skills in calculating various ratios for the analysisof financial statements
General knowledge:
- After completing the coursethe student should possess basicknowledge of financial statements for the hotel and hospitality industry.
- Be able to critically analyse the financial statements based on various tools and techniques, and discuss the financial reports which are particularly important in large chains with the centralised financial function
- Use of Excel in connection with accounting reporting and cash flow analysis
Required prerequisite knowledge
Exam
Written exams
Form of assessment | Weight | Duration | Marks | Aid |
---|---|---|---|---|
Written exam | 3/10 | 3 Hours | Letter grades | - 1), Approved calculator, |
Written exam | 7/10 | 4 Hours | Letter grades | - 2), Approved calculator, |
1) Notes on your own PC: Max. 3 Excel templates (your own pre-filled), and your own notes in a Word file that only contains text and or tables, not images or clippings.
2) Notes on you own PC*
Handwritten notes or books are not approved aids.
Course teacher(s)
Course coordinator:
Jinghua XieCourse coordinator:
Trude FurunesMethod of work
Overlapping courses
Course | Reduction (SP) |
---|---|
Financial accounting for hotel and tourism (BHO280_2) | 10 |