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University Library

HRT 6040 Advanced Hospitality Financial Management (formerly HRT 604)

Food for Thought

Professor St. Hilaire asks, "What are the differences between Financial Accounting and Managerial Accounting?"

Definition of Managerial Accounting (Investopia.com)

Compare Different Types of Accounting (AccountingForManagement.org)

Uniform Systems of Accounts for the Lodging Industry (Hospitality Financial & Technology Professionals)

Your deeper understanding and appreciation of the differences between Financial Accounting and Managerial Accounting will assist you in your leadership of various stakeholders in your organizations.  

Food for Thought

Dr. St. Hilaire asks, "Why is the time value of money such an important concept in the study of corporate, hospitality, and personal finance?"

Definition of TVM (Investopedia.com)

Video about Time Value of Money (TeachMeFinance.com)

Overview of Time Value of Money (StudyFinance.com)

Which of the web sites above provided you with a better understanding of the time value of money and its importance to finance?

The study and application of financial concepts continues throughout one’s life.  This course will assist you as you continue to discover the best way for you to learn about finance.  Financial concepts are applicable to the lives of organizations and individuals.  Your abilities to apply financial concepts to your professional and personal lives will assist you in the development and enhancement of yourself and your communities.   

News and Research Articles

Hospitality Industry Organizations

Useful Websites