Hotel Management - Revenue controls & Income Audit process

Offered byUDEMY

Hotel Management - Revenue controls & Income Audit process
at
UDEMY
Overview

High level overview of required controls & process to ensure no frauds & leakages

Duration	2 hours
Total fee	₹389
Mode of learning	Online
Credential	Certificate

Hotel Management - Revenue controls & Income Audit process
at
UDEMY
Highlights

Earn a certificate of completion from Udemy
Learn from 3 articles and 2 downloadable resources
Get full lifetime access of the course material
Comes with 30 days money back guarantee

Hotel Management - Revenue controls & Income Audit process
at
UDEMY
Course details

Who should do this course?

For Revenue Auditors
For Chief Accountant / Finance Managers
For Operations managers
For Small Hotel Owners

What are the course deliverables?

Understand Reporting & Recording Requirements in Hotels
Spot Checks and Verification needed to ensure completeness and accuracy
We will not learn how to make report
Understand Risks Involved in Hotel Industry Revenue Cycle and how analysis of various reports help mitigation

More about this course

Hotel / Restaurant Revenue & Collections are highly susceptible to frauds, Mis-use due to inherent risks, cash, high number of turnover
This class is live recording of our Physical workshop in Yangon where we discussed various risks and counter checks to detect, prevent revenue leakages
The class will continuously be updated based on feedback of students and their questions and more topics will be added in future

Hotel Management - Revenue controls & Income Audit process
at
UDEMY
Curriculum

Introduction

Overview of income audit functions

Qualities of Income Auditor

Free Resources

Fundamental Terms Explained

Room Segmentation and why its important

Class Resources & Templates

Recording and reporting requirements

Trial Balance

Sample format of Daily Revenue Reports

Control Aspects

Revenue Control Aspects

Rate Variance Report and Room Discrepancy Report

Rebates and Collection Controls

Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)

Spot Checks

Internal Audit Meeting

Audit Memo, Monthly Meeting & Minutes

Hotel Management - Revenue controls & Income Audit process
at
UDEMY
Faculty details

Manish Gupta

Mr Manish Gupta is an experienced hospitality finance professional, having a blend of financial core expertise with hands-on training in managing hotel operations and business development. Having worked as an Auditor for 7 years, he moved into finance management for brands like Parsvnath Developers and Shangri-La Hotels & Resorts and currently serving as the CFO of HTOO Hospitality.