TAC300 - Tourism Finance
|Schools offering this subject|
|Last revision date||Nov 20, 2013 6:41:20 PM|
|Last review date||Nov 20, 2013 6:41:20 PM|
This course will introduce students to the essentials and the use of accounting in the tourism industry. Topics will include financial transaction analysis, adjustments, inventory and cash control, budgeting, sales taxes, payroll, journal entries, and financial statements. Industry specific accounting software will be used to improve the student's overall understanding of relevant topics.
One credit towards the Tourism and Travel Diploma Program
Upon successful completion of this subject the student will be able to:
1. Describe generally accepted accounting principles
2. Explain the accounting cycle of the tourism industry
3. Record transactions to general journal and ledgers
4. Understand and create a budget
5. Identify payroll deductions and taxes
6. Explain the purpose and use of the balance sheet and income statement
7. Utilize tourism specific software applications to analyze daily, monthly and yearly financial information
8. Prepare relevant financial statements
9. Use correct business etiquette and adhere to professional standards of dress, hygiene and grooming.
Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.
Respond to written, spoken, or visual messages in a manner that ensures effective communication.
Apply a systematic approach to solve problems.
Locate, select, organize, and document information using appropriate technology and information systems.
Show respect for diverse opinions, values, belief systems, and contributions of others.
Take responsibility for one's own actions, decisions, and consequences.
Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.
To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at firstname.lastname@example.org.
Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.