All tasks are based on the fundamental

| October 14, 2019


All tasks are based on the fundamental, theoretical and conceptional learning in this course.   

You will work on an operational variance analysis of actual and budget performance for one event.  The audience for this project comprises the general manager and managers of other operating departments within the premises to whom you are required to explain the causes for the respective variances and provide recommendations how to address emerging issues.   

Learning Outcomes In doing this assignment, students will be expected to:  1. Demonstrate an understanding of accounting and control issues that arise from the operational characteristics evident in a hospitality and tourism setting. 2. Use accounting information to interpret and comment on the strategic and financial performance of the hospitality and tourism organisations. 3. Successfully apply a range of financial analysis techniques and critically evaluate competing results to make appropriate management decisions for the effective hospitality operations performance issues. 

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