Hospitality Financial and Technology Professionals is offering two new professional certificates that covers the USALI 11th Revised Edition: the USALI-11 Certificate, Theory and USALI-11 Certificate, Practice. Each certificate is a four-module course that looks at the concepts, organizational structure and application of the industrywide reporting standard. Developed by Ascend, a hospitality talent development company, the courses are available to all, with no previous experience required.
The USALI-11 Theory Certificate covers the layout and content of the financial statements for each operating department and undistributed departments. In addition, the course reviews the non-operating income and expense section, net versus gross revenue reporting, and ratios and metrics provided in the USALI 11th Edition.
The USALI-11 Practice Certificate takes the knowledge base from the theory course and applies numbers to provide insight on how best to analyze and interpret the information in the financial statements. Emphasis is placed on vertical, horizontal and ratio analyses.
Each certificate is a four-module course. Participants receive 24/7 access and have three months to complete each module. Upon successful completion of the entire certificate course, registrants will receive a digital badge and certificate recognizing their achievement and new knowledge base.
In addition to offering both certificates complimentary to the first 50 HFTP members to apply who are furloughed, HFTP and Ascend are providing an introductory discount for the new certificate courses. For more information, visit the USALI-11 Certificate page.