Syllabus For The Subject HOTEL ACCOUNTING

UNIT - 01

FUNDAMENTALS OF BOOK KEEPING - ACCOUNTING CONCEPTS & CONVENTIONS -

JOURNAL- LEDGER SUBSIDIARY BOOKS- PREPARATION OF TRIAL BALANCEPREPARATION

OF FINAL ACCOUNTS - TRADING & PROFIT & LOSS ACCOUNTS - BALANCE

SHEET WITH SIMPLE ADJUSTMENTS.

UNIT - 02

BANKING - INTRODUCTION - PASS BOOK- CHEQUE - TYPES OF CROSSING. BANK

RECONCILIATION STATEMENT: MEANING, PREPARATIONS, CAUSES FOR DIFFERENCE,

PRESENTATION.

UNIT - 03

CLASSIFICATION OF DEPARTMENTS OF HOTELS BASED ON REVENUE. HOTEL

ACCOUNTING METHODS - LEDGER - REVENUE GENERATION OF VARIOUS

DEPARTMENTS.

UNIT - 04

INTERNAL AUDIT & STATUTORY AUDIT: AN INTRODUCTION TO INTERNAL & STATUARY

AUDIT. DISTINCTION BETWEEN INTERNAL AUDIT & STATUARY AUDIT, IMPLEMENTATION

& REVIEW OF INTERNAL AUDIT.

UNIT - 05

COST ACCOUNTING - MEANING -DEFINITION - PREPARATION OF COST SHEET - STOCK

LEVELS - EOQ - METHOD OF PRICING STOCK ISSUE. ACCOUNTING MACHINES & THEIR

IMPORTANCE IN CATERING BUSINESS.

UNIT - 06

FINANCIAL MANAGEMENT - MEANING - SCOPE - OBJECTS - FUNCTIONS - ROLE OF

FINANCIAL MANAGER ORGANIZING. FINANCE FUNCTION - TIME VALE OF MONEY.

UNIT - 07

RISK & RETURN ANALYSIS. CAPITAL BUDGETING - CONCEPTS - IMPORTANCE - FACTO &

AFFECTING CAPITAL INVESTMENT DECISIONS - INVESTMENT EVALUATION - RISK

ANALYSIS IN CAPITAL BUDGETING. INVESTMENT TIMING & DURATION - REPLACEMENT

OF EXISTING ASSETS - INVESTMENT UNDER INFLATION - CAPITAL RATIONING -CAPITAL

BUDGETING PROCESS & PRACTICES.

UNIT - 08

COST OF CAPITAL - FACTORS DETERMINING COST OF CAPITAL - APPROACHES TO

DETERMINE COST OF CAPITAL -WEIGHTED AVERAGE COST OF CAPITAL - COST OF

EQUITY & CAPITAL ASSETS PRIOING MODEL DIVIDEND GROWTH MODEL - LEVERAGES -

FINANCIAL & OPERATING LEVERAGES.

UNIT - 09

Vinayaka Missions University,Directorate of Distance Education

Salem India

BACHELOR OF SCIENCE IN HOTEL&CATERING MANAGEMENT

3 Yr.

HOTEL ACCOUNTING(1040816)

CAPITAL STRUCTURE - PLANNING & POLICIES - THEORIES - NET OPERATING INCOME

APPROACHES - MM APPROACH - EBIT - EPS ANALYSIS. FACTORS DETERMINING

CAPITAL STRUCTURE.

UNIT - 10

DIVIDEND POLICIES - TYPE OF DIVIDENDS - DIVIDEND THEORIES - WAITER - GORDON

MODELS - DIVIDEND VALUATION & RATES OF INTEREST - DIVIDEND BEHAVIOR.

UNIT - 11

WORKING CAPITAL MANAGEMENT - CONCEPT - FACTOR AFFECTING WORKING CAPITAL

- ESTIMATION OF WORKING CAPITAL - INVESTMENT PORTFOLIO MANAGEMENT -

SPECULATION.

UNIT - 12

GAMBLING - FACTORS AFFECTING INVESTMENT DECISIONS - TIME OF INVESTMENT

DECISION - FUNDAMENTAL & TECHNICAL ANALYSIS.