BHM 3890: Accounting for Hospitality and Tourism


Examines external environmental financial concepts that are vital to decision making within an organization in the hospitality and tourism industry. Analysis and discussion of cost behavior, operating leverage, profitability, planning and budgeting, capital investments, financial statements, and cash flows.


  1. Apply basic accounting principles and concepts.
  2. Calculate the most efficient use of resources through cost-benefit analysis, depreciation, and useful life.
  3. Analyze solvency, profitability ratios, financial leverage, and retained earnings.
  4. Explain the basic elements of a balance sheet equation: Assets = Liabilities + Owners' Equity.
  5. Compare the differences between journalizing and posting of an accounting transaction.
  6. Interpret the effects that specific change in an interdepartmental revenue mix can have on overall operating income.
  7. Summarize the major account categories appearing on financial documents through common-size vertical analysis.
  8. Distinguish indirect costs of sales revenue departments.




Hospitality industry financial accounting (Rev: 4th ed.)

Publisher: American Hotel & Lodging Educational Institute (2015)
Author: Schmidgall, R. S., & Damitio, J. W.
ISBN: 9780866124515
Price: $130.00

* Disclaimer: Textbooks listed are based on the last open revision of the course. Prior revisions and future revisions may use different textbooks. To verify textbook information, view the course syllabus or contact the CSU Bookstore at