Course

Financial accounting for hotel and tourism (BHO201)

Facts

Course code BHO201

Credits (ECTS) 10

Semester tuition start Autumn

Language of instruction Norwegian

Number of semesters 1

Exam semester Autumn

Time table View course schedule

Literature Search for literature in Leganto

Introduction

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.

Content

Financial accounting for the hospitality sector is an introductory-level course in financial accounting.

Learning outcome

After completing the coursestudents are expected to have

Knowledge:

  • Have knowledge of basic accounting
  • Have knowledge about cash flow analysis
  • Have knowledge of analysis of accounting

Skills:

  • Have skills in posting financial transactions
  • 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 basic knowledge 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

None

Exam

Written exams

Written exam

Weight 3/10

Duration 3.25 Hours

Marks Letter grades

Aid - 1), Approved calculator, Lovdata

Exam system WISEflow

Written exam

Weight 7/10

Duration 4.25 Hours

Marks Letter grades

Aid - 2), Approved calculator, Lovdata

Exam system WISEflow

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*

Permitted Exam Aids

  • A maximum of three Excel templates without any pre-filled content.
  • The Word file may contain up to three pages of your own text, with no tables or images.
  • Handwritten notes or books are not permitted as exam aids.

Method of work

Lectures and Group work

Open for

Open course for all students with an active right to study and who meet the requirements for general university admissions certification (GSK).

Admission requirements

General university admissions certification (GSK).

Course assessment

The faculty decides whether early dialogue will be held in all courses or in selected groups of courses. The aim is to collect student feedback for improvements during the semester. In addition, a digital course evaluation must be conducted at least every three years to gather students’ experiences.
The course description is retrieved from FS (Felles studentsystem). Version 1