The main purpose of the subject is to learn how to use accounting as a managerial tool to improve operational efficiency and profitability of gaming and hospitality firms through revenue enhancement and cost reduction.
Intended Learning Outcomes
CILO-1: Comprehend various knowledge and theories of accounting technique applicable to the gaming and hospitality industry.
CILO-2: Appraise, analyze and evaluate gaming and hospitality related activities based on appraisal technique, breakeven approach and energy costing, and determine what type of decision is appropriate in the gaming and hospitality environment.
CILO-3: Estimate the environment costs attributable to different types of human activities in the gaming and hospitality sector.
CILO-4: Identify and describe the accounting characteristics and issues in the gaming and hospitality industry.
CILO-5: Design and plan feasibility study based on the budgeting knowledge, interest rate’s calculation and discounted cash flow technique for designing problem solving equations in the gaming and hospitality firms.
CILO-6: Compare and analyze the performance of gaming and hospitality firms in various areas.