Full course description
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Certificate in Hospitality Applied Finance (CHAF)
The Certificate in Hospitality Applied Finance (CHAF) is designed to provide a foundation in the key financial concepts, terminology, and practices used in the hospitality sector. Whether you are new to the industry or just starting your career, having a grasp of basic financial knowledge is key for understanding how hospitality businesses operate and make decisions.
This course aims to familiarize leaners with standard financial metrics and operational terms used in hospitality accounting. Concepts covered include revenue, expenses, profitability, assets, liabilities, equity, and cash flow. Basic financial statements, such as income statements, balance sheets, and cash flow statements, will be presented and discussed. Additionally, the flow of financial data to these statements and the various systems and technology platforms used in today's hospitality businesses will be explored.
Whether your interest lies in accounting, operations, marketing, or management, familiarity with key terms, metrics, and financial principles is essential for advancing in the hospitality sector. This course will provide a baseline understanding of the daily financials used in hospitality. So get ready to unlock your potential and pave the way for your success in the world of hospitality.
Your enrollment includes:
- Four course modules
- Hospitality Industry Terminology and Stakeholders
- Core Finance Operations
- Core Finance Operations Technology
- Fundamentals of Financial Reporting
- 50-question exam
- 75% passing rate
- Unlimited attempts