Certificate Programs - eCornell
This certificate program provides an understanding of the Uniform System of Accounts for the Lodging Industry (USALI), which sets forth the reporting guidance and analysis for the unique operating environment of the lodging industry. While there are some differences, the Uniform System is intended to be consistent with U.S. GAAP (Generally Accepted Accounting Principles) with reference to IFRS (International Financial Reporting Standards).
Whether you hold a position as an owner, operator, general manager, staff member, or department head in a hotel property, the coursework will enhance your accounting knowledge and boost your confidence in decision making. Throughout the program, you’ll gain hands-on experience in benchmarking various hotels and lodging units. This practical exposure will enable you to assess your own hotel’s performance relative to competitors within the lodging industry. You’ll be better equipped to make informed choices in areas such as procurement, staffing, operations, and marketing budget allocation. Regardless of your background in the hotel industry, this course will quickly familiarize you with USALI accounting, allowing you to actively contribute to impactful business discussions and add value to your organization.
The central focus of the program is on decision-making skills, including accurately interpreting financial statements, benchmarking against competitors, and drawing precise inferences to optimize your hotel’s decisions. All case studies and examples provided are directly relevant to the lodging industry.
The courses in this certificate program are required to be completed in the order that they appear.
Course list