Cth: Hospitality Finance: Study Text

Description: The Hospitality Finance syllabus will equip you with the knowledge and skills to interpret, understand and explain basic financial information within a hospitality industry context.

It starts with double entry bookkeeping, continues with accounting for credit transactions and accounting for cash, discusses forms of payment and security and the various types of costs incurred, notably overheads and labour costs, concluding with the exercise of control over costs.

The Study Guide, which has been reviewed and endorsed by CTH, works logically and methodically through the CTH 2009 syllabus, following the syllabus order.

It explains the concepts clearly and provides ample opportunity for practice of the techniques. Chapters start with the objectives and topic list to put the material into context and they conclude with a diagrammatic summary to consolidate learning and a set of self-test questions to test understanding.

The front pages of the Study Guide contain features such as tips on how to study and an explanation of the exam structure.

Note that this Study Guide is also directly relevant to the CTH Diploma in Tourism Management's Finance for the Travel Industry syllabus, and you can therefore use it to study for that paper.