Hotel / Restaurant Revenue & Collections are highly susceptible to frauds, Mis-use due to inherent risks, cash, high number of turnover. Efficient hotel management practices usually involves process to control the leakage of revenue & cash.Hence to protect revenue there needs to be sufficient control system and check and balances.This class is live recording of our Physical workshop in Yangon where we discussed various risks and counter checks to detect, prevent revenue leakages.The class will continuously be updated based on feedback of students and their questions and more topics will be added in future.If you are an revenue auditor, chief accountant, finance manager (from non-hospitality background), operation manager of rooms or F&B. this class will enable you to understand importance of various control measure and how to implement them.
Facilities
Location
Start date
Online
Start date
Different dates availableEnrolment now open
About this course
Understand Reporting & Recording Requirements in Hotels
Spot Checks and Verification needed to ensure completeness and accuracy
Understand Risks Involved in Hotel Industry Revenue Cycle and how analysis of various reports help mitigation
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This centre's achievements
2021
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 6 years
Subjects
Credit
Audit
Course programme
Overview and Fundamentals
6 lectures43:47Overview of Income Audit Functions preview Overview of Income Audit FunctionsQualities of Income Auditor Qualities of Income AuditorFree Resources Free ResourcesFundamental Terms Explained Fundamental Terms ExplainedRoom Segmentation and why its important Room Segmentation and why its importantClass Resources & Templates Class Resources & Templates
Overview and Fundamentals
6 lectures43:47Overview of Income Audit Functions preview Overview of Income Audit FunctionsQualities of Income Auditor Qualities of Income AuditorFree Resources Free ResourcesFundamental Terms Explained Fundamental Terms ExplainedRoom Segmentation and why its important Room Segmentation and why its importantClass Resources & Templates Class Resources & Templates
Overview of Income Audit Functions preview Overview of Income Audit Functions
Overview of Income Audit Functions preview Overview of Income Audit Functions
Overview of Income Audit Functions preview Overview of Income Audit Functions
Overview of Income Audit Functions preview Overview of Income Audit Functions
Overview of Income Audit Functions
Overview of Income Audit Functions
Qualities of Income Auditor Qualities of Income Auditor
Qualities of Income Auditor Qualities of Income Auditor
Qualities of Income Auditor Qualities of Income Auditor
Qualities of Income Auditor Qualities of Income Auditor
Qualities of Income Auditor
Qualities of Income Auditor
Free Resources Free Resources
Free Resources Free Resources
Free Resources Free Resources
Free Resources Free Resources
Free Resources
Free Resources
Fundamental Terms Explained Fundamental Terms Explained
Fundamental Terms Explained Fundamental Terms Explained
Fundamental Terms Explained Fundamental Terms Explained
Fundamental Terms Explained Fundamental Terms Explained
Fundamental Terms Explained
Fundamental Terms Explained
Room Segmentation and why its important Room Segmentation and why its important
Room Segmentation and why its important Room Segmentation and why its important
Room Segmentation and why its important Room Segmentation and why its important
Room Segmentation and why its important Room Segmentation and why its important
Room Segmentation and why its important
Room Segmentation and why its important
Class Resources & Templates Class Resources & Templates
Class Resources & Templates Class Resources & Templates
Class Resources & Templates Class Resources & Templates
Class Resources & Templates Class Resources & Templates
Class Resources & Templates
Class Resources & Templates
Recording And reporting Requirements
2 lectures16:02Trial Balance Trial BalanceSample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Recording And reporting Requirements
2 lectures16:02Trial Balance Trial BalanceSample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Trial Balance Trial Balance
Trial Balance Trial Balance
Trial Balance Trial Balance
Trial Balance Trial Balance
Trial Balance
Trial Balance
Sample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Sample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Sample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Sample format of Daily Revenue Reports Sample format of Daily Revenue Reports
Sample format of Daily Revenue Reports
Sample format of Daily Revenue Reports
Control Aspects
5 lectures01:00:04Revenue Control Aspects Revenue Control AspectsRate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy ReportRebates and Collection Controls Rebates and Collection ControlsOther Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)Spot Checks Spot Checks
Control Aspects
5 lectures01:00:04Revenue Control Aspects Revenue Control AspectsRate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy ReportRebates and Collection Controls Rebates and Collection ControlsOther Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)Spot Checks Spot Checks
Revenue Control Aspects Revenue Control Aspects
Revenue Control Aspects Revenue Control Aspects
Revenue Control Aspects Revenue Control Aspects
Revenue Control Aspects Revenue Control Aspects
Revenue Control Aspects
Revenue Control Aspects
Rate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy Report
Rate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy Report
Rate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy Report
Rate Variance Report and Room Discrepancy Report Rate Variance Report and Room Discrepancy Report
Rate Variance Report and Room Discrepancy Report
Rate Variance Report and Room Discrepancy Report
Rebates and Collection Controls Rebates and Collection Controls
Rebates and Collection Controls Rebates and Collection Controls
Rebates and Collection Controls Rebates and Collection Controls
Rebates and Collection Controls Rebates and Collection Controls
Rebates and Collection Controls
Rebates and Collection Controls
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary) Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
Spot Checks Spot Checks
Spot Checks Spot Checks
Spot Checks Spot Checks
Spot Checks Spot Checks
Spot Checks
Spot Checks
Internal Audit Meeting
2 lectures08:16Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & MinutesBonus Lecture Bonus Lecture
Internal Audit Meeting
2 lectures08:16Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & MinutesBonus Lecture Bonus Lecture
Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & Minutes
Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & Minutes
Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & Minutes
Audit Memo, Monthly Meeting & Minutes Audit Memo, Monthly Meeting & Minutes
Audit Memo, Monthly Meeting & Minutes
Audit Memo, Monthly Meeting & Minutes
Bonus Lecture Bonus Lecture
Bonus Lecture Bonus Lecture
Bonus Lecture Bonus Lecture
Bonus Lecture Bonus Lecture
Bonus Lecture
Bonus Lecture