Apply financial concepts to the management of tourism businesses. Financial accounting aspects of finance, including development and analysis of financial statements are covered. Management accounting aspects of finance include forecasting and budgeting; analysis of profit; and profitability; and working capital management. Application of capital budgeting techniques, time value of money, and business valuation are emphasized.
NRRT 624 - Tourism Accounting Fundamentals
Prior to earning his Ph.D. in Human Dimensions of Natural Resources, Alan Bright earned a BA in Accounting, an MBA, his CPA certificate, and spent several years working in the private sector in public accounting and banking. He teaches numerous business-related courses in the Masters of Tourism Management program, including Tourism Finance, Tourism Law, and Organizational Management in Tourism.