• HFTP Academy Launches CHAF Course: Your Gateway into Hospitality Finance – Image Credit HFTP   

“The expert in anything was once a beginner.”
– Helen Hayes

HFTP announces the launch of a brand-new course that has been eagerly anticipated by many – the Certificate in Hospitality Applied Finance (CHAF) course! The course focuses on accounting basics and develops a foundation that can work with other HFTP Academy offerings to create a strong financial acumen.

The CHAF course offers a comprehensive exploration of key financial metrics and operational terms pivotal to hospitality accounting. Whether you’re aiming to understand the basics of revenue and expenses or wish to delve into the complexities of balance sheets and cash flow statements, this course can help provide clarity. Here’s what you can expect:

  • Hospitality Industry Terms and Stakeholders: Get to know the ‘who’s who’ and the ‘what’s what’ of the hospitality world.
  • Core Finance Operations: Obtain insight into mechanics of profitability, assets, liabilities, and equity.
  • Core Finance Operations Technology: Explore the technology platforms and the flow of financial data in hospitality operations.
  • Fundamentals of Financial Reporting: Learn how to interpret and use financial statements to your advantage.

The CHAF is not just for the finance team; it’s designed for anyone and everyone in the hospitality industry. So, who should take this course? Well, here are some suggestions:

  • Aspiring and Current Finance Professionals: Ideal for those preparing for HFTPs premier certifications in hospitality finance and technology the Certified Hospitality Accountant Executive (CHAE) and the Certified Hospitality Technology Professional (CHTP).
  • Line-Level Staff and Non-Financial Managers: Perfect for individuals looking to advance their careers in finance or gain a better understanding of the financial operations within their departments.
  • Educational Institutions: An excellent resource for community colleges, universities, and even high schools aiming to provide a solid foundation in hospitality finance.

Why Choose the CHAF Course?

  1. Bridge Educational Gaps: This course can help fill crucial knowledge gaps for emerging talent on your team by making it easier for them to gain perspective into the finance area. A great tool to include as part your existing professional development plan (i.e., supervisor development or manager in training programs).
  2. Career Advancement: Understanding the financial underpinnings of the hospitality industry can significantly boost your career prospects and performance in various roles.
  3. Practical Knowledge: Unlike an accounting textbook, the CHAF has a real-world perspective using the terminology and the realities of the hospitality world.

Whether you’re looking to solidify your expertise in hospitality finance or just starting out and aiming to understand the basics, the CHAF course is the perfect start towards becoming an expert. Enroll in the CHAF course today and jumpstart your journey towards financial fluency and career advancement!

For more information and to purchase the course, visit the academy catalog at HFTP Academy. We can’t wait to welcome you to this exciting learning adventure!

HFTP

7301 Ranch Rd 620 N, Ste 155-193
Austin, TX 78726-4537
United States

Phone: 1 (512) 249-5333
www.hftp.org

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