Course Description
This course addresses the specific accounting issues that are encountered in a typical, multi-faceted casino resort establishment. The accounting problems will be examined from a managerial, financial and auditing perspective through discussions on revenue and expense accounting, payroll accounting, income statements, balance sheets and cash flow statements and their financial analysis, budgeting, forecasting, usage of accounting data in management and decision making, and specific casino accounting issues related to the recording of specific casino related transactions, casino revenue issues, and control features inside a casino environment. This will cover table games, slot machines and other casino activities.
Intended Learning Outcomes
CILO-1: Students will be able to have an insight in the accounting standards and practices in the hospitality and gaming indutry and the accounting know-how in its operation.