Basic Lodge Accounting
This course provides participants with an understanding of accounting principles and financial management specifically geared towards the safari and lodging industry. It covers essential topics such as surveying financial statements, analysing the income statement and balance sheet in lodge and restaurant contexts, addressing specialized accounting needs for food and beverage services in the industry, introducing budgeting and forecasting techniques relevant to safari and lodging operations, and establishing strong internal controls for cash management. By the end of the course, participants will have the knowledge and skills to navigate the unique financial intricacies of lodges and restaurants in the safari and lodging sector. They will be well-prepared to make informed financial decisions, manage resources effectively, optimize profitability, and ensure financial sustainability within the industry.
Skills / Knowledge
- accounting