Orlando, Florida, August 2014-The American Hotel & Lodging Educational Institute (AHLEI) has published a new learning resource to help hospitality management students better understand the many ways accounting is used at a hotel property. SeaSpray Hotel: An Integrated Hospitality Accounting Case Study shows students how managers and department heads use managerial accounting concepts and techniques in the daily operation of a hotel. The case study was written by Gurprit S. Chhatwal and Jean Abbott, who teach at Richard Stockton College of New Jersey.
The extended case study presents a narrative that follows newly-hired controller Sam Duncan through his first week at the SeaSpray Hotel, a 200-room beach resort with a restaurant, lounge, gift shop, and beauty salon. Students must use the information presented in the case study to perform 18 accounting tasks that Sam must perform to be successful in his new job. The tasks including preparing financial statements, adjusting journal entries, calculating financial and operating ratios, budgeting future costs, analyzing cash handling and inventory handling, and developing a daily operations report format.
SeaSpray Hotel: An Integrated Hospitality Accounting Case Study has versions for instructors and students. The Instructor’s guide includes the case study narrative and exhibits, as well as completed versions of 38 forms (Excel spreadsheets), with solutions or suggested solutions for all 18 tasks. As part of the instructor’s guide, educators receive a CD that contains the 38 completed forms in a single Excel file, with each form on its own tab. The student workbook includes the narrative, with formatted but mostly blank versions of the forms that must be completed as part of the assigned tasks. The forms are available both on tear-out paper and in a downloadable Excel file that can be accessed online using a unique access code packaged with the workbook.
SeaSpray Hotel: An Integrated Hospitality Accounting Case Study can be used as part of any hospitality accounting or general accounting class to provide students with more experience and practice with hotel-specific accounting problems.
To order, visit www.ahlei.org.