HADM 1210 - Financial Accounting

Fall, Spring. 3 credits. Letter grades only (no audit).

Forbidden Overlap: due to an overlap in content, students will receive credit for only one course in the following group: AEM 2210, AEM 2225, HADM 1210, HADM 2230.
Enrollment limited to: NSHA students. Satisfies core requirement for NSHA students.

M. MacAusland.

An introduction to financial accounting that studies transaction analysis, the balance sheet, income statement, statement of cash flows, and the statement of stockholder’s equity. Accounting for investments, receivables, inventories, tangible and intangible assets, liabilities, long term bonds and capital stock transactions are studied. Basic financial ratios are introduced and interpreted. Ethical issues related to financial reporting are also discussed. Students who complete this course will have the pre-requisite knowledge to take HADM 2210 Managerial Accounting and HADM 2220 Finance.

Outcome 1: PLO 1.1: Students will identify key issues and appropriately apply discipline principles to analyze a hospitality management solution.

Outcome 2: PLO 1.2: Students will critically evaluate a hospitality management problem and will formulate a solution based on principles from at least two management disciplines.

Outcome 3: PLO 4.1: Students will describe their personal strengths and development needs related to hospitality management.

Outcome 4: PLO 4.2: Students will identify the personal goals and learning opportunities required for continued personal and professional development.