This course is designed to provide an understanding of financial practices and information used by management in the tourism and hospitality industry. Topics included are financial analysis, working capital and cash-flow management, debt and equity financing, labour costs, forms of business, risk and insurance, income and other taxes, operational budgeting, capital budgeting, purchasing vs. leasing, pricing, R.O.I., investment decisions, contribution margin and breakeven analysis, feasibility studies and tax issues and planning. The course will expand on the use of computerized accounting software and spreadsheet software.
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This course tranfers to the following post-secondary institutions in British Columbia.
NIC students wishing to use their courses as transfer credit toward another program or degree are encouraged to review the Steps to University Transfer and contact an advisor.
Please note, this information is provided courtesy of The British Columbia Council on Admissions and Transfer (BCTransferGuide.ca ) and North Island College bears no responsibility for the accuracy of data.