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This course walks the user through the financial statement requirements and related preparation necessary to ensure compliance with the 10th edition of the Uniform System of Accounts for the Hospitality Industry. We use a step-by-step process to provide theory, journal entry and financial statement examples with exercises to solidify your knowledge. The user will also learn the impact that the Homeowner’s Association and Residential or Commercial Unit Owners have on the financial statements. Methods of how to account for each Residential Unit Owner’s activity will be reviewed, and typical challenges that Condo Hotel Controllers face will be analyzed. This course is a “must have” for condo hotel professionals. A complete outline of the course, along with sample course pages are displayed below:
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