HFT 3431 Hospitality Managerial Accounting Section 62 Spring

HFT 3431 Hospitality Managerial Accounting Section 62 Spring 2016 Course Overview

Course Description/Objectives u Hospitality Industry Managerial Accounting will provide basic knowledge of managerial accounting principles u Pre-requisites – HFT 2401 and junior standing

Topics to be Covered Part I u Introduction to Managerial Accounting (Ch. 1) u Balance Sheet (Ch. 2) u Income Statement (Ch. 3) u Statement of Cash Flows (Ch. 4) u

Topics to be Covered Part II u Ratio Analysis (Ch. 5) u Basic Cost Concepts (Ch. 6) u Cost Volume Profit Analysis (Ch. 7) u Cost Approaches to Pricing (Ch. 8) u

Topics to be Covered Part III u Forecasting Methods (Ch. 9) u Operations Budgeting (Ch. 10) u Cash Management ( Ch. 11) u Internal Control ( Ch. 12) u Additional Topics as Time Allows u

Grading Criteria u Exam 1 u Exam 2 u Exam 3 u Final Exam u Presentations u Group Paper u Quizzes u Attendance 12. 5% 12. 5%

Grading Criteria u u u A AB+ B BC+ C CD+ D F 94. 0% - 100% 90. 0% - 93. 9% 87. 0% - 89. 9% 84. 0% - 86. 9% 80. 0% - 83. 9% 77. 0% - 79. 9 % 74. 4% - 76. 9% 70. 0% - 73. 9% 67. 0% - 69. 9% 60. 0% to 66. 9% Less than or equal to 59. 9% Grades will be given out in person only or via Webcourses.

Expectations Completion of homework assignments on time u Participation u Attendance will be taken for each class u Bring a calculator. No cell phones. u Laptop policy u Textbook required u Group project / presentation u Assignment schedule “subject to change” u

Important Dates u u u u u 1/13 1/27 2/3 3/2 3/7 -3/11 4/13 4/20 5/4 First day of class Group Sign Up Selections Due Exam 1 (See Note) Exam 2 (See Note) Spring Break – No Class Exam 3 (See Note) Group Written Assignments Due Group Presentations Day & Final Review Final Exam 7: 00 to 9: 50 pm (Wednesday) Note: Except for the first day of class, last day of class and final exam, dates may be subject to change

Important Policies u Attendance Counts – You must be present to win – Attendance – 1 st week of class u u 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 u Attendance is mandatory for all presentations u All members of the group must participate in the presentation u Group size is to be limited to 5 participants

Questions? ?