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Start Date: 03 Mar, 2025

End Date: 07 Mar, 2025

WiFiFree WiFi available

$3,000

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.

 

This course is available in the following locations:
Nigeria - $3000
Ghana    - $6000
Rwanda - $7000
UK - $8000
USA - $8000

Venue

200, Murtala Muhammed Way (2nd & 3rd Floors), Adekunle Bus Stop, Yaba, Lagos - Nigeria.

Other Dates

Start Date End Date
23 Jun, 2025 27 Jun, 2025
Start Date End Date
03 Mar, 2025 07 Mar, 2025