Revenue Audit and Controls in Hotel Management

  • Start Date

    26 Apr, 2022

  • End Date

    29 Apr, 2022

  • Price

    ₦190,000

  • WiFi

    Free wifi

Event Details

  • Understand Reporting & Recording Requirements in Hotels
  • Spot Checks and Verification needed to ensure completeness and accuracy
  • We will not learn how to make report
  • Understand Risks Involved in Hotel Industry Revenue Cycle and how analysis of various reports help mitigation

 

CONTENT

Overview

  • Overview of Income Audit Functions,
  • Qualities of Income Auditor,
  • Fundamental Terms Explained and
  • Room Segmentation and why it’s important.

 

Recording and Reporting Requirement

  • Trial Balance
  • Sample format of Daily Revenue Reports.

 

Control aspects and monitoring

  • Revenue Control Aspects,
  • Rate Variance Report and Room Discrepancy Report,
  • Rebates and Collection Controls,
  • Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
  • Spot Checks.

 

Internal Audit Meeting

  • Audit Memo,
  • Monthly Meeting & Minutes

 

FOR WHOM:

Revenue Auditors, Chief Accountant, Finance Managers, Operations managers, Small Hotel Owners and those who undertakes internal auditing of a hotel.

 

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

 

DATE:

1ST BATCH: 26th – 29th April, 2022

2ND BATCH: 23rd – 26th Aug, 2022          

3RD BATCH: 22nd – 25th Nov, 2022          

Other Dates

Start Date End Date
23 Aug, 2022 26 Aug, 2022
Start Date End Date
22 Nov, 2022 25 Nov, 2022
Start Date End Date
26 Apr, 2022 29 Apr, 2022
  • Venue

    Alpha Partners Professional Training Conference Centre. 200, Muritala Mohammed Way (3rd Floor), Yaba Lagos.

Share this course