• No products in the basket.

  • LOGIN

Uniform System of Accounting for Lodging Industries Part 1

Take advantage of the opportunity to learn about USALI, the most comprehensive guide to financial standards of the hotel industry.

0 STUDENTS ENROLLED

    Overview

    Take advantage of the opportunity to learn about USALI, the most comprehensive guide to financial standards of the hotel industry with this exclusively designed Uniform System of Accounting for Lodging Industries Part 1 course.

    Hotel information must be organised and reported consistently. This is when USALI enters the picture. It gives you a robust and practical framework for assessing how your hotel is performing and comparing your results to others in the sector. Our comprehensive Uniform System of Accounting for Lodging Industries Part 1 course will give you an overview of USALI and its most essential features. You will learn about the profit and loss statement based on USALI for the hotel industry and delve deeper into revenue, expenses and P&L analysis and resources. Once you complete, you will get to grips with the specific skills to track your hotel’s performance and compare it to others by employing USALI’s best practices.

    Course design

    The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace.

    You are taught through a combination of

    • Video lessons
    • Online study materials

    Will I receive a certificate of completion?

    Upon successful completion, you will qualify for the UK and internationally-recognised CPD accredited certification. You can choose to make your achievement formal by obtaining your PDF Certificate at the cost of £9 and Hard Copy Certificate for £15.

    Why study this course

    It doesn’t matter if you are an aspiring professional or absolute beginner; this course will enhance your expertise and boost your CV with critical skills and an accredited certification attesting to your knowledge.

    The Uniform System of Accounting for Lodging Industries Part 1 is fully available to anyone, and no previous qualifications are needed to enrol. All One Education needs to know is that you are eager to learn and are over 16.

    Course Curriculum

    Section 01: Introduction
    Introduction to the Course 00:02:00
    Introducing Hotel Operating Structure-Profit Centers 00:03:00
    Introducing Hotel Operating Structure-Support Centers 00:03:00
    Explaining the main Profit & Loss Statement 00:09:00
    Section 02: Revenue
    Room Profit & Loss – Transient Market Segment 00:10:00
    Rooms – Group Market Segment Explained 00:09:00
    Rooms Division – Contract Revenue and Other Room Revenue 00:06:00
    Other Rooms revenue consideration – Packages Barter Loyalty program 00:09:00
    Section 03: Expenses
    Structure of Room Departmental Expenses 00:09:00
    Labour Cost Departments and Positions 00:05:00
    Labour cost Departments and positions 00:06:00
    Other Labour cost items for Room Division 00:11:00
    Room Expenses A-d 00:17:00
    Room Expenses E-R 00:23:00
    Room Expenses S-Z 00:05:00
    Section 04: Room Division Statistics and Reports
    Introduction to Section on Room Statistics 00:01:00
    Ocupancy Statistcis definitions 00:24:00
    Formulas for Room Statistics 00:06:00
    Room Statistics Report to help understand P&L 00:12:00
    Section 05: P&L Analysis and Resources
    Understanding What Variable Expense Are and Fixed… Showing P&L Analysis 00:17:00
    Closure Video for Rooms Module 00:01:00
    Room Division Definitions of Revenue and Expenses as Per USALI 00:36:00
    Rooms P&L Sample 00:00:00
    TAKE THIS COURSE

    COPYRIGHT © 2021 One Education