Revision of Uniform System of Accounts for the Lodging Industry Available for Pre-Order April 18
April 14, 2014 6:14am
Orlando, Florida, April 2014-The American Hotel & Lodging Educational Institute (EI) will begin taking pre-publication orders for the Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition, on Friday, April 18. The popular financial manual will be available for the first time in a digital format (coming in late April) as well as in print (available late May). The publication is a joint effort of the Hotel Association of New York City and the Financial Management Committee of the American Hotel & Lodging Association (AH&LA), with funding from Hospitality Financial & Technology Professionals (HFTP).
The USALI is periodically revised to reflect changes in industry practice and to address issues that arise as the industry develops. Examples of contemporary industry issues and practices considered and addressed in the Eleventh Revised Edition include, but are not limited to, the following:
The print version of the book will be packaged with a keycode that enables readers to access and download Excel templates of all financial statements and supporting schedules, as well as a searchable Revenue and Expense Guide. These items will also be available to those who purchase the digital version of the book.
Every section of the Uniform System of Accounts for the Lodging Industry has been updated to reflect the latest practices for recording financial information. There are new categories, changes in where specific items are recorded, and additional guidance on issues such as recording of surcharges, service charges, and gratuities; the handling of revenues and expenses associated with mixed-ownership lodging facilities; the handling of gift certificate revenue; and the handling of equipment rental, unique municipal charges, and various employee housing expenses. Part III, formerly titled "Ratios and Statistics," has been renamed "Financial Ratios and Operating Metrics" in recognition of the importance of operational and financial analysis. An extensive list of changes can be found on the "Details" tab of the product listing in EI's online store.
The print version of the Uniform System of Accounts for the Lodging Industry, Eleventh Revised Edition, is available for $59.95 for AH&LA members and $89.95 for nonmembers. The digital edition is $34.95 for AH&LA members and $52.95 for nonmembers. To order, visit www.ahlei.org, or call 1.800.349.0299 or +1.407.999.8100.
Tags: educational institute,
american hotel & lodging educational institute,
uniform system of accounts for the lodging industry
Contact: Elizabeth Johnson, Senior Public Relations & Marketing Manager
AHLEI Announces Partnership with Work4Stars; Will Offer Training Focused on Morocco’s Vision 2020 Goals
Hoteliers, Hospitality Educators Pursue Professional Certification in Philippines
AHLEI Publishes New Edition of Hotel and Restaurant Accounting Textbook, Workbook
AHLEI Expands Reach into Canada with New Consultant, Partnerships
Controlling Alcohol Risks Effectively® (CARE) Training Approved in Rhode Island
American Hotel & Lodging Educational Institute Honors Navy Lodges for Commitment to Professional Development and Certification
AHLEI Debuts Tourism Version of Guest Service Gold® Training for Oregon
University of Santo Tomas Honored as First Academic Certified Guest Service Property
New Edition of AHLEI’s Front Office Textbook Shows Impact of Technology on Operations
AHLEI Adds Breakfast Attendant Training and Certification to START Program
AHLEI and OAS Sign Memorandum of Understanding to Boost Training Opportunities for Small, Medium-Sized Enterprises in the Americas
AHLEI and EUHOFA Sign Memorandum of Understanding
AHLEI Publishes New Edition of Revenue Management Textbook
Greece’s StudySmart is AHLEI’s Newest International Associate
AHLEI to Offer Certifications in Partnership with Lobster Ink
AHLEI’s Revised Certified Hotel Administrator (CHA®) Offers Modular, Online Content
National Restaurant Association, American Hotel & Lodging Educational Institute Combine Forces to Focus on the Future of Hospitality
Hotel Industry Responds to Human Trafficking Crisis with New Online Training Program
AHLEI Partners with Slatin Media Group to Offer Disability-Focused Service Training
AHLEI and Pacific Asia Travel Association Sign Memorandum of Understanding
Please login or register to post a comment.