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Hotel Management Course: Revenue and Income Audit Fundamentals
Introduction and Fundamentals
Overview of Income Audit Functions
Preview
Qualities of Income Auditors
Preview
Fundamental Terms Used in Hospitality Industry
What is Revenue and How do we Record in Hotels
Rooms Revenue Segments - Main Revenue Stream in Hospitality
Revenue Trial Balance for Hotels - Main Document Used for Controlling and Reporting Purposes
Daily Revenue Report and its Components
Revenue Controls - Must for All Hotels
What are Room Revenue Control Reports
Rate Discrepancy Report - One of Very Important Document to See if Rooms are Being Sold at Unauthorized Rates
Internal Controls on Rebates and Discounts
Credit Card Batch for Controlling Payments
Different Spot Check Reports Important to Ensure No Revenue Leakage
Final Lesson - Communicate Audit Findings and Checklist
Revenue Controls - Must for All Hotels
Hotel Management Course: Revenue and Income Audit Fundamentals
By:
Hotel Management School
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We'll cover the following topics in this section:
What are Room Revenue Control Reports
Rate Discrepancy Report - One of Very Important Document to See if Rooms are Being Sold at Unauthorized Rates
Internal Controls on Rebates and Discounts
Credit Card Batch for Controlling Payments
Different Spot Check Reports Important to Ensure No Revenue Leakage
Final Lesson - Communicate Audit Findings and Checklist
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