| This level would provide students with a basic understanding of the different concepts, processes, and procedures that are used in restaurant financial management. Students would learn about the different types of financial statements, the different ratios that can be used to analyze financial performance, cost accounting, taxes, and fraud prevention. |
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Module 1: Introduction to Restaurant Financial Management
- Understand the importance of financial management in the restaurant industry.
- Learn about the different concepts and processes involved in restaurant financial management.
- Understand the different roles and responsibilities of restaurant financial managers.
- Module 2: Financial Statements for Restaurants
- Understand the different types of financial statements used in restaurants.
- Learn how to read and interpret financial statements.
- Develop skills in using financial statements to analyze financial performance.
- Module 3: Ratio Analysis for Restaurants
- Understand the different ratios that can be used to analyze financial performance.
- Learn how to calculate and interpret financial ratios.
- Develop skills in using financial ratios to identify areas where improvements can be made.
- Module 4: Cost Accounting for Restaurants
- Understand the importance of cost accounting in restaurants.
- Learn about the different methods of cost accounting.
- Develop skills in using cost accounting to control costs.
- Module 5: Taxes for Restaurants
- Understand the different taxes that restaurants are subject to.
- Learn how to comply with tax laws.
- Develop skills in managing tax liabilities.
- High school or equivalent
- Strong communication and interpersonal skills
- Interest in the course topic
- Good level of English
| 50 GLH |