FSM320 Food Service Financial Management

This course progresses from accounting to financial analysis and explains their application specifically to foodservice operations. Students will learn the fundamentals of hospitality accounting and how to develop and interpret financial balance sheets, income statements, profit and loss statements, and statements of cash flow. Upon successful course completion, students will be able to create and analyze budget reports, forecast revenues and costs, and interpret key operational cost ratios that financial managers use for effective long-term decision-making.

Credits

Prerequisite

None

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