Accounting, as the business language, can bring underlying economics to the attention of stakeholders for their decision making in the hospitality and gaming industries. This course aims to equip students with knowledge and skills to analyze and interpret accounting information in the hospitality and gaming industries for managers, stockholders, financial analysts, creditors and policy makers. Along the way, students will develop the technical skills necessary to analyze corporate financial statements and disclosures, and interpret how accounting standards and managerial incentives affect the financial reporting process and outcomes. Important issues for annual reports of companies in the hospitality and gaming industry are discussed in this course, including financial statements, corporate governance reporting, corporate social responsibility reporting, auditing, taxation, anti-money laundering and junket operation. The course draws on the findings of recent academic research to discuss a number of techniques that outsiders can use to detect potential bias or aggressiveness in financial reporting.

CILO-1: Interpret and compare financial status, operating performance and cash flow applicable to the hospitality and gaming industry. CILO-2: Analyze and appraise corporate governance and corporate social responsibility applicable to the hospitality and gaming industry. CILO-3: Assess auditor’s report applicable to the hospitality and gaming industry. CILO-4: Detect possible money laundering activities and apply anti-money laundering measures in the gaming industry. CILO-5: Analyze the impacts of macro economy and government policies on the operation of companies in the hospitality and gaming industries.