Accounting for Hotel and Restaurant Industry

Training on
Accounting for Hotel and Restaurant Industry
 Date: 07-08 December 2013                                  Venue: BONITA City Hotel
 Time: 8:00am-17:00pm                                        Language: Khmer/English

This seminar will give you the crucial foundational skills to shift from being an individual contributor, and this interactive course helps existing and new employees, senior employees and supervisor of Hotel and Restaurant who want to further develop their knowledge and skills.

Training Objectives
At the end of this training course, the participants will be able to:
  • Understand the Hotel’s service: What is hotel & restaurant? What are they serving?
  • Understand the Hotel internal control: Calculate cost Food & Beverage, Asset control, cash receipt & disbursement, inventory control and maintaining adequate records.
  • Understand the Bottom-up Approach to Pricing: Difference between traditional pricing & Modernized pricing, Cost forecasting, Room Rate Discounting.
  • Understand the Cost Management: Direct & indirect cost, fixed & variable cost, decision making on cost management.
  • Understand the Operating Budget: Purpose of budgeting, type of budgeting, pro forma income statement budgeting, and method of budgeting ZBB, variance analysis.
  • Understand the Cash Management: Petty cash, cash on hand, cash float at bank, managing account receivable, fund surplus, cash flow forcasting.

Training Methodology
Pre and Post training evaluation: it is used to assess the changes of trainees’ skills, knowledge and attitude before and the end of the seminar.

Presentation: The trainer will present the subjects whilst participants actively listen, and take notes. Participants will be encouraged to express their comments by asking questions and providing answers from their personal experience.

Group discussion: Participants are assigned to work in small groups through brainstorming, discussion, outlining, selecting and analyzing ideas, which allow participants to contribute their comments and experiences to the whole group. This enables participants to respond and react to each other’s contributions, and allows individuals and groups to engage with and discuss their comments with the class as a whole.

Question and Answer: It encourages participants to discover their confusing and/or unclear part of the subjects and ask question to clarify, whilst all participants can actively listen and absorb at the same time.

Trainer’s Credentials
Mr. Heng was born in Cambodia and has been a professional auditor since 2006. Nearly 10 years experiences for both internal and external auditor, he has involved many industries such as construction, banking, garment factory, hotel & restaurant, supermarket, NGO, Oil & Gas, and brewery. Additionally, Mr. Heng has done business valuation for M & A, business plan for financing and cash flow restructuring. Particularly, he has been finance and accounting issues guest speaker in both local and international conference and workshop. In addition, he is senior lecturer in National University of Management and Ministry of Finance in major of accounting & finance and auditing. Mr. Heng obtained an ACCA, professional accountancy in UK and He is Certified Public Accountants in Cambodia (KICPAAs).  He also got Master’s Degree in Finance and Bachelor’s Degree in Accounting.  He also has attended many trainings, workshops and conferences across Southeast Asia.

Who should attend the course?
This training course is designed for new and existing internal auditor, senior auditor, accountants, finance officers, the supervisor or person who wish to become internal auditor and to gain the knowledge, experience and understand more about the internal audit function and the internal control system for further development of their career.

What will be included with the training course?
  • Group photo of participants
  • Training materials
  • Certificates are awarded by LIFE
  • Including two lunches and four refreshment
Training Fee: US$ 150 per person
Deadline Registration: 06 December 2013

If you register before deadline:
  • Get 5%- discount for sending 1- 2 staff
  • Get 10%- discount for sending 3-5 staff
  • Get 1 Free for sending more than 5 staff
SPECIAL OFFER: If you register one week before deadline: $120

More information
Tel:              023 6789 495, 093 777776
Add:            #45E, St 488, Sangkat Phsar Derm Thkov, Khan Chamkamorn
Email:          lifesuccess.asia@gmail.com / thomasphat168@gmail.com
Website:      www.lifesuccess.asia
Please mention "www.Cambodiajobs.Biz" where you saw the ad when you register or apply!

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