Management of Accounting

ASSIGNMENT COVER PAGE

Student Name : Clare Puyang Ngau

Student ID : 1300900002

Lecturer Name : Mdm Lee Choon Kin

Programme Title : BA (HONS) EVENT & TOURISM MANAGEMENT

Subject Code & Title : HE 213; Hospitality and Tourism Management Accounting

Session : SEP – OCT 2010

Assignment Topic : Assignment 1

SUBMISSION DATE : 18th October 2010

Hospitality & Tourism Management Accounting

HE213

Assignment 1

Length: 1200 words maximum

Course Weighting: 20%

Due date: 30 September 2010

The 4C Company restaurant has 84 seats, which is not large. For this reason, it does not have a large number of people on the payroll. Charlie has been handling the general manager’s responsibilities and has a good friend working half a day, five days a week, to take care of such matters as banking deposits, preparing accounts payable and payroll checks, and all other routine office and bookkeeping work.

Charlie is not concerned about the honesty of the person, but he has learned from courses which has taken that there is a need for any company, however small, to have some internal controls.

Required:

Write a report to Charlie, pointing out three specific areas where you believe controls might need to be implemented. For each of the three areas, advise what might happen if a dishonest bookkeeper were hired and how internal control can be implemented to prevent dishonest.

Marking criteria and marks allocation

• Introduction – need for internal control in the hospitality and tourism industry: 15%

• Identification, explanation and discussion of three internal control tools and concepts applicable to the problem/(s) in the case: 45%

• Recommendations and advice: 15%

• Provide evidence of wider research (minimum of five references): 5%

• Correct referencing and in-text citation: 5%

• Legible presentation, layout and organisation of a report:10%

• Grammar and flow of discussion: 5%

Hospitality and Tourism Management...