Hotel Management - Revenue controls & Income Audit process

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

Ratings 3.56 / 5.00

Hotel Management - Revenue controls & Income Audit process

What You Will Learn!

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

Description

Hotel / Restaurant Revenue & Collections are highly susceptible to frauds, Mis-use due to inherent risks, cash, high number of turnover. Efficient hotel management practices usually involves process to control the leakage of revenue & cash.

Hence to protect revenue there needs to be sufficient control system and check and balances.

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,

If you are an revenue auditor, chief accountant, finance manager (from non-hospitality background), operation manager of rooms or F&B. this class will enable you to understand importance of various control measure and how to implement them.