Hotel & Restaurant Accounting at COTHM Pakistan, Hospitality Management.
What you will learn
- Apply the Uniform System of Accounts for the Lodging Industry (USALI) to record and classify financial transactions accurately.
- Analyze departmental income statements for rooms, food, and beverage divisions to identify operational inefficiencies.
- Calculate and interpret key hospitality performance metrics, including RevPAR, ADR, and prime cost percentages.
- Develop comprehensive operating budgets and monthly financial forecasts using industry-standard digital spreadsheets.
- Perform complex bank reconciliations and manage specialized hospitality accounts receivable/payable workflows.
- Evaluate internal control procedures to prevent fraud and assets loss within virtual and physical point-of-sale systems.
Programme structure
Unit 1
- Hotel & Restaurant Accounting e-Book
- Assessments
Entry requirements
- Introduction to Hospitality Management (HOSP101) or equivalent industry experience.
- Basic proficiency in Microsoft Excel or similar cloud-based spreadsheet software.
- Foundational understanding of business mathematics and percentages.
Fees
| Registration Fee | PKR5,000 |
| ICM UK | PKR40,000 |
| Tuition · Online | PKR70,000 |
| Total (mandatory) | PKR115,000 |
| Registration Fee | USD50 |
| ICM UK | USD120 |
| Tuition · Online | USD250 |
| Total (mandatory) | USD420 |
| Registration Fee | AED200 |
| ICM UK | AED440 |
| Tuition · Online | AED900 |
| Total (mandatory) | AED1,540 |