3.00 Credits
Prerequisite(s): ACC 2110, Matriculation into the Woodbury School of Business and University Advanced Standing. Pre- or Corequisite(s): HM 3020. Is the second in a two part series designed to integrate principles of operations and managerial accounting as they relate to the hospitality industry. Emphasizes developing competencies in analyzing real world hospitality industry scenarios using spreadsheet software. Includes: cost volume profit analysis and applications, forecasting, production controls, budget creation and uses, flexible budgets, depreciation, taxation, time value of money basics, capital budgeting, evaluating and financing investments, and cost benefit analysis.