Accounting in Tourism Companies

Universidad de Barcelona

Course Description

  • Course Name

    Accounting in Tourism Companies

  • Host University

    Universidad de Barcelona

  • Location

    Barcelona, Spain

  • Area of Study

    Accounting, Business, Hospitality and Tourism Management

  • Language Level

    Taught In English

  • Course Level Recommendations


    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Contact Hours

  • Recommended U.S. Semester Credits
  • Recommended U.S. Quarter Units
  • Overview

    Course Description

    Accounting is an essential tool in the management of an economic unit; it is used to prepare and manage the economic and financial information arising from the business' activity.

    The objective of this course is to acquire the necessary knowledge to be able to prepare, communicate, validate, analyze and interpret relevant information on the economic and financial situation of the economic unit, with the aim of monitoring and facilitating operational and strategic decisions in organizations.

    The instrumental nature of the course makes it possible to learn to identify the significant information of an economic and financial tenor in the company's external relations, to quantify and register transactions following the General Accounting Plan, to summarize information in order to determine the company's economic outcome and its assets and financial position, and to prepare Yearly Financial Statements.

    Make decisions and solve problems, interpreting and evaluating the results with a critical attitude.

    Critically analyze, synthesize and summarize the economic and asset information of tourism organizations.

    - Understand and interpret relevant economic and financial information in tourism companies:

    • Identify a tourism company's assets and financial position.
    • Analyze accounting operations carried out by a tourism company.
    • Interpret the registration of economic and financial transactions according to accepted conventions.
    • Evaluate results.
    • Learn the importance of organizing work, precision and applying established regulations.
    • Ability to work independently.

    - Perform registration activities for the company's economic transactions:

    • Differentiate notable facts of economic and financial relevance in the company's relationships with the outside.
    • Understand the characteristics and requirements of accounting information.
    • Register transactions following the General Accounting Plan.
    • Determine the company's profits or losses and its assets and financial position by applying the accounting cycle as a method for organizing accounting instruments and books.

    - Prepare financial statements:

    • Learn to summarize and communicate relevant economic and financial information with accounting instruments.
    • Understand how the company's assets and outcomes are shaped and structured.
    • Learn to prepare Annual Financial Statements.

    The learning strategies employed are mainly aimed at the student developing the abilities associated with the skills identified. Below we specify the teaching-learning methodologies which will be applied to achieve the skills to be gained, as well as specifying how they will be developed:
    - Theory: master classes, lectures, group projects.
    - Theoretical-practical: application activities, problem-based learning, problem solving, practical exercises, research.
    - Presentations: presentations of results. This will allow the student to receive feedback on how to improve his or her oral communication techniques and become accustomed to using information technology.

    The tools used to evaluate the course are those which allow us to assess the course's contents in both a theoretical and practical way; such as objective tests, development tests, individual projects, group projects, in-class activities, oral presentations using IT, virtual forums, portfolios, practical cases, problem solving, etc.


Course Disclaimer

Courses and course hours of instruction are subject to change.