Hotel Revenue Audit - Master Class
3.3 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,164 students enrolled

Hotel Revenue Audit - Master Class

Short Course to Bring you the high level overview of various controls & risks in Revenue Audit with easy to use template
3.3 (2 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,164 students enrolled
Created by Manish Gupta
Last updated 2/2019
English
Current price: $11.99 Original price: $24.99 Discount: 52% off
2 days left at this price!
30-Day Money-Back Guarantee
This course includes
  • 2.5 hours on-demand video
  • 2 articles
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • 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
Requirements
  • Basic Understanding of Hotel Operations
  • Usual Daily Process of Income Audit
  • Basic Terminology Required
Description

Hotel / Restaurant Revenue & Collections are highly susceptible to frauds, Mis-use due to inherent risks, cash, high number of turnover.

Hence to protect revenue there needs to be sufficient system and manual controls to prevent leakage.

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,

Your feedback on class will highly appreciated.

Who this course is for:
  • Revenue Auditors
  • Chief Accountant / Finance Managers
  • Operations managers
  • Small Hotel Owners
Course content
Expand all 14 lectures 02:23:06
+ Recording And reporting Requirements
2 lectures 23:02
Trial Balance
10:25
Sample format of Daily Revenue Reports
12:37
+ Control Aspects
5 lectures 01:05:47
Revenue Control Aspects
09:49
Rate Variance Report and Room Discrepancy Report
11:50
Rebates and Collection Controls
15:14
Other Reports Explained (Credit Card Batch,Comp Report, Entertainment Summary)
09:03
Spot Checks
19:51
+ Internal Audit Meeting
2 lectures 09:31
Audit Memo, Monthly Meeting & Minutes
08:54