HFT 3431
Hospitality Managerial
Accounting
Spring 2013
Course Overview
Course Description/Objectives
 Hospitality
Industry Managerial
Accounting will provide basic
knowledge of managerial accounting
principles
 Pre-requisites
– HFT 2401 and junior standing
Topics to be Covered
Part I
 Introduction to Managerial
Accounting (Ch. 1)
 Balance Sheet (Ch. 2)
 Income Statement (Ch. 3)
 Statement of Cash Flows (Ch. 4)

Topics to be Covered
Part II
 Ratio Analysis (Ch. 5)
 Basic Cost Concepts (Ch. 6)
 Cost Volume Profit Analysis (Ch. 7)
 Cost Approaches to Pricing (Ch. 8)

Topics to be Covered
Part III
 Forecasting Methods (Ch. 9)
 Operations Budgeting (Ch. 10)
 Cash Management ( Ch. 11)
 Internal Control ( Ch. 12)
 Additional Topics as Time Allows

Grading Criteria
 Exam
1
 Exam 2
 Exam 3
 Final Exam
 Presentations
 Group Paper
 Quizzes
 Attendance
12.5%
12.5%
12.5%
12.5%
12.5%
12.5%
12.5%
12.5%
Grading Criteria
A
B
C
D
F

90% to 100%
80% to 89.9%
70% to 79.9 %
60% to 69.9%
0% to 59.9%
The plus / minus system is not is use
Grades will be given out in person only.
Expectations
Completion of homework assignments on
time
 Participation
 Attendance will be taken for each class
 Bring a calculator. No cell phones.
 Laptop policy
 Textbook required
 Group project / presentation
 Assignment schedule “subject to change”

Important Dates










1/10
First day of class
1/24
Group Sign Up Selections Due
1/31
Exam 1 (See Note)
2/28
Exam 2 (See Note)
3/4 to 3/8 Spring Break – No Class !!
4/11
Exam 3 (See Note)
4/18
Group Written Assignments Due
4/18
Group Presentations Day & Final Review
4/25
Final Exam 7:00 to 9:50 pm (Thursday)
Note: Except for the first day of class, last day of class and
final exam, dates may be subject to change
Important Policies



Attendance Counts – You must be present to win
Laptops & cell phones & other electronic devices
Make up Policy for Quizzes & Exams
– Quizzes – No make up. Lowest quiz grade
dropped
– Exams – No make up. The grade for a missed
exam will be 50% of the final exam grade.
– Final exam – Will be given on scheduled date &
time only (per University policy)
Group Presentations
 Attendance
is mandatory for all
presentations
 All members of the group must
participate in the presentation
 Group size is to be limited to 4
participants
Questions??