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TOMG553 – Accounting for Tourism

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Module code
TOMG553
Module title
Accounting for Tourism
Prescription
Students will gain an understanding of financial statements and reports and be able to analyse and interpret business performance for tourism organisations.
Programmes
  • BI1605
NZQA Level
Level 5
NZQA Credits
15
Delivery method
  • Web-Supported
Learning hours
Directed hours
64
Self directed hours
86
Total learning hours
150
Resources required
Learning Outcomes
Describe and analyse the purpose of accounting in the New Zealand tourism business context.
Prepare information to support business planning, decision-making and performance in tourism organisations
Analyse and report on business performance for tourism organisations

Content
- Key factors in and around the New Zealand accounting framework, tourism business
organisations, internal and external users

- Financial statements: including statement of financial position, statement of financial
performance, statement of movements in equity, statement of cash flows and statement of
accounting policies

- Accounting processes; including budgeting, variances, break even analysis and the
analysis of business performance

- Show how transactions affect the accounting equation.
Teaching and Learning Strategy
Teaching will involve blended delivery methods incorporating the Moodle online delivery platform. Other delivery methods may involve theoretical and practical classes, face to face, lectures, tutorials, workshops, group activities, guest tutors, field trips, role-play, and video conferencing, as appropriate.
Assessment Criteria
Assessment in this module is achievement-based. Candidates must attempt all assessments and achieve a minimum C grade pass overall to pass the module.

Learning and Teaching Resource
Required Text:
An extended reading list will be supplied by the tutor at commencement of the module. This will be updated annually.

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