HTM 223 – Hospitality Managerial Accounting
Spring 2014
Instructor:
Lori J. Sipe, MBA, PhD
lsipe@mail.sdsu.edu
Office Hours:
PSFA 446
Tues/Thurs. 12:30-1:45 p.m.
Course Description
This course is designed to teach students to utilize accounting information in
decision making, planning, directing and controlling in hospitality and tourism
management. It integrates areas of managerial accounting and controls with
applications in the hospitality industry.
Course Objectives
Upon completion of this course, the student will be able to:
 Gather, summarize, analyze, and draw conclusions about accounting data
specific to the hospitality industry.

Make decisions about hospitality businesses by using financial information.

Apply managerial accounting principles to the hospitality industry by
practicing financial statement analyses, internal controls, budgeting and
forecasting techniques, and quantitative decision-making methodologies.

Prepare and analyze reports relevant to hospitality enterprises to include
product costing, process costing, and activity based costing reports, as well
as forecasts such as CVP forecasts, net present value analyses, and
feasibility studies.
Competencies
HTM 223 provides students the opportunities to develop the following
competencies of the HTM Kaleidoscope Competency Model:
Business Savvy
People Savvy
Numberwise
Interpersonal Communication
Strategic Decision Making
Self Savvy
Professionalsim
Spirit of Optimism
Resources
Jagels, Martin G. (2007). Hospitality Management Accounting, Ninth Edition.
John Wiley and Sons, Inc: Hoboken, New Jersey
Blackboard
Computer-based learning, using Blackboard, will be a part of the class. All
students should get a Blackboard account and visit the HTM 223 course site
every Tuesday before class. Students will obtain weekly announcements,
download materials, take quizzes, and turn in online assignments here. Students
can view their progress with the online gradebook.
Structure and Assessment
All students will participate in discussion, homework, quizzes, online projects,
and exams. Some sessions will include instructor-led discussion of assigned
chapters’ major ideas, illustration exercises, and group practice. Other sessions
will include review and collection of the assigned homework exercises and
problems. In addition, there will be an online quiz or project due most weeks.
Online projects and quizzes will be due Friday evenings by 10:00 p.m. as
indicated on the course outline.
Homework
and
Handouts
25%
Online
Quizzes
10%
HTM
223
Exams
50%
Online
Projects
15%
Homework
In order to understand accounting, one must participate in it. Learning accounting
requires practice. Therefore, suggested problems from the Jagels text will be
collected and evaluated as indicated on the accompanying schedule. Homework
is for practice, so students are encouraged to work together. Each student should
turn in his/her own completed homework assignment when working together. I
cannot accept late homework, but you are welcome to turn it in early to my office
or send it with a classmate. Homework will be scored for completeness – 10
points for doing all the assigned problems, 8 points if most are completed, and 6
points for minimum work.
Online Projects
Six online projects will be posted on Blackboard. The projects will allow students
to apply information from both textbooks to real-world hospitality business
problems and opportunities. Students will post completed projects to
Blackboard. Online projects will be posted on Tuesdays and will be due by 10:00
p.m. on Friday of the posted week as indicated on the course outline. No late
projects will be accepted. Students must work alone on these projects.
Quizzes
There will be four quizzes throughout the semester. You will take them on
Blackboard. Quizzes will be posted on Tuesdays and will be due by 10:00 p.m.
on Friday of the posted week as indicated on the course outline. No late quizzes
will be accepted.
Exams
A midterm and final exam (non-cumulative) will take place online and in the
classroom. The exams will comprise multiple choice problems, short answer and
essay type questions. A review sheet will be distributed the session prior to the
exam and the instructor will hold an optional review session prior to each exam.
Attendance
Missing class will probably end up affecting your grade through homework
scores, project scores, and exam scores. Live sessions will cover what you will
need to supplement the textbook and complete the projects. Students are
encouraged to exchange contact information with a few students to obtain
information about missed classes. Blackboard has a contact information area
also.
Grading
Homework (10 each)
Midterm Exam
Final Exam
Projects/Quizzes
Total Points Possible
100
100
100
100
400
375-400 = A
360-374 = A335-359 = B+
320-334 = B/B280-319 = C/C-
Academic Integrity
The faculty and staff demand the highest levels of academic and professional
integrity in all work at San Diego State University and especially in the HTM
program. Positive leadership cannot exist without integrity and your actions
determine your level of integrity. Plagiarism, cheating on exams or any other type
of academic dishonesty, will be referred directly to the Office of Student Rights
and Responsibilities for disciplinary action.
Optional Industry Experiences
You will have opportunities throughout the semester to get involved in the
industry. San Diego professionals in the HTM industry are solidly behind the
HTM degree program and will offer job shadows, training sessions, meetings,
and other mentor opportunities throughout the semester. Students are
encouraged to make contacts early, learn about the tremendous array of
opportunities in the field, and engage themselves in practical experiences to
complement the classroom experiences.
Act
Conclude
Analyze
Summarize
Gather
Remember, HTM is about exceeding expectations!
HTM 223
DAY
DATE
IN CLASS TOPIC
HOMEWORK
Thurs
Jan. 23
Course Introduction
Tues
Jan. 28
Online
Read chapters 1/2
Thurs
Jan. 30
Online
Obtain annual report
Tues
Feb. 4
Thurs
Feb. 6
Ex. 1,2,3,4
Pr. 1,3 (no adjust)
Ex. 3,4,7,8,9,10
Pr. 1,3
Tues
Feb. 11
Thurs
Feb. 13
Tues
Feb. 18
Thurs
Feb. 20
Tues
Feb. 25
Accounting Cycle Overview
(Chp. 1)
Understanding Hospitality
Financials (Chp. 2)
Review/Collect Chp.1 & 2
Homework
Interpreting/Responsibility
Accounting (Chp. 3)
Review/Collect Chp. 3
Homework
Internal Controls/Pricing
Decisions (Chp. 5)
Revenue Mngt. Chp. 6
Thurs
Feb. 27
Tues
March 4
Thurs
March 6
Tues
March 11
Ex. 4,5,6,8,9
Pr. 3, 5
OUTLINE
QUIZZES
EXAMS
Company Analysis
Quiz
Pr. 2,5,6
Ex. 3,4,6,8,9
Pr. 3,4,12
Review/Collect Chp. 5&6
Homework
Income Statement
Study Session for Midterm
Optional
Midterm Part One
In Class Exercises
PROJECTS
Internal Control
Quiz
Income Statement
10 In Class
Exercises
DATE
IN CLASS TOPIC
Midterm Part 2/3
Online
Intro to CVP/Variable
(Chp. 7)
CVP Analysis
(Chp. 8)
CVP Analysis
(Chp. 8)
Review/Collect Chp.
7&8 Homework
Budgeting/Variance
Analysis (Chp. 9)
Review/Collect Chp. 9
Homework
Online
HOMEWORK
QUIZZES
PROJECTS
EXAMS
Thurs
March 13
Multiple Choice
Problem and Essay
Tues
March 18
Thurs
March 20
Tues
March 25
Thurs
March 27
Tues
April 8
Thurs
April 10
Tues
April 15
Thurs
April 17
Tues
April 22
Thurs
April 24
Tues
April 29
Thurs
May 1
Investment Decisions
(Chp. 12)
Investment Decisions
(Chp. 12)
Feasibility Studies
(Chp. 13)
Review/Collect Chp. 12 &13
Homework
Study Session
Tues
May 6
Exam Two – Part One
10 In Class Exercises
Thurs
May 8
Exam Two – Part Two/Three
Online
Multiple Choice
Problem/Essay
Ex. 1,2,3
Pr. 2, 6
Ex. 1,2,3,4,5,6
Pr. 1,3,4,8
Extreme Theme
Ex. 1,2,3,4,7,8
Pr. 3,6
Quiz
Ex. 4
Pr. 3,7
Q. 1,2,3,4
Pr. 1,3
Capital Matrix
Quiz
PowerPoint