Class Accountancy

This course unit provides an introduction to the fundamental accounting principles applied specifically to the tourism sector. In this course, students will acquire theoretical and practical knowledge of financial accounting, including understanding key accounting records, financial statements, result analysis, and financial decision-making in the context of the tourism industry.

1. INTRODUCTION
1.1 Types of companies
1.2 Mission of accounting
1.3 Types of accounting
1.4 Equity, inventory and balance sheet and holding
1.5 Limitations of accounting information

2. PROCESS OF CONSTRUCTION AND READING OF INFORMATION TOOLS ECONOMIC AND FINANCIAL
2.1 The account
2.2 Classification and characterization of accounts
2.3 The method of digraphic recording
2.4 Bookkeeping and Accounting Books
2.5 The Balance Sheet and the Income Statement
a) The Balance Sheet
b) Main balance sheet SNC accounts used in the hotel business
c) permutative and amending variations
d) The Income Statemen
e) Main SNC accounts used in hospitality
f) Relationship between the Balance Sheet and Income Statement

3. The USALI-UNIFORM SYSTEM OF ACCOUNTS FOR THE LODGING INDUSTRY
3.1 Philosophy and departmental structure
3.2 Criteria for pooling and treatment of costs
3.3 Drafting a chart of accounts for a hotel
3.4 Classification of main hotel costs

1. Use of Digital Tools: The use of digital tools, such as Microsoft Excel and Power BI, will be integrated into activities involving the analysis of accounting data in the tourism sector. Students will learn to analyze and interpret data using Excel for more detailed analyses. Additionally, Power BI will be utilized for creating interactive and visually appealing reports that enable comparative data analysis within the tourism sector.

2. Project-Based Learning: Autonomous work based on practical case studies will be developed throughout the course, involving the practical application of the covered concepts.

3. Multimedia Resources: Access to digital resources to complement learning outside the classroom.

• Forster, Pannell, & Kerr. (1988). Trends in the Hotel Industry. Journal of Travel Research, 26(3), 46. https://doi.org/10.1177/0047287588026003118
• HOTEL ASSOCIATION OF THE NEW YORK CITY INC. (2018). Uniform System of Accounts for the Lodging Industry. 11th Revised Edition, New York
• Lima, Santos, L., Gomes, C., Faria, Lunkes, R. J., Malheiros, C. Rosa, F. S., & Nunes, C. (2016). Contabilidade de Gestão Hoteleria. ATF
• Lourenço, Isabel Costa, Morais, Ana Isabel, Lopes, Ana Isabel (2015). Fundamentos de Contabilidade Financeira.Lisboa: Edições Silabo
• Martins, Ana; Pinto, Vera e Gomes, Paulo (2022). Contabilidade Financeira na Hotelaria e na Restauração. Lisboa. Lídel