HFTP USALI Practice, Analysis & Compliance Certificate
The Uniform System of Accounts for the Lodging Industry (USALI) establishes standardized formats and account classifications in the preparation and presentation of financial statements. In the hospitality industry the USALI is referenced in many industry contracts and documents. This course will take the knowledge base from the theory course and provide insight on how best to analyze and interpret the information in order for financial statements to be in compliance with the USALI.
- Type Learning
- Level Intermediate
- Time Months
- Cost Paid
Skills
Earning Criteria
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Module 1: Summary Operating Statement and Operating Department Schedules. A 90% pass rate must be achieved on this module assessment of 20 questions in order to proceed to the next module.
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Module 2: Undistributed Departments. A 90% pass rate must be achieved on this module assessment of 20 questions in order to proceed to the next module.
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Module 3: Non-Operating Income and Expenses and Net vs. Gross Revenue Reporting. A 90% pass rate must be achieved on this module assessment of 20 questions in order to proceed to the next module.
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Module 4: Ratios and Metrics. A 90% pass rate must be achieved on this module assessment of 20 questions in order to proceed to the next module.
Standards
A 90% pass rate must be achieved on every module assessment in order to earn the certificate.