HADM 7240: Managerial Accounting

Spring. 3 credits. Letter grades only (no audit).

Enrollment limited to: MMH students or permission of instructor.


  • Michael Paz (mtp58) - Spring 2024
  • Mary MacAusland (mm2549) - Spring 2024


This course moves on from traditional GAAP to using accounting standards for hospitality. The Uniform System of Accounts for the Lodging Industry (USALI) is the standard for hotel accounting practices. USALI is not taught in many schools as it is specific to hotels/lodging industry. This course allows for significant benchmarking between hotels/lodging units to understand how your hotel is performing against competition. All cases and examples are from the lodging industry. Students in this course will not perform the role of accountants; they will use sample data routinely provided by accountants to hotel owners, operators, and general managers so that they can practice making sound business decisions based on the information in the financial documents.