Feeling unable to explain your agency’s financials? Are you frustrated that you don’t understand accounting transactions or your financial statements? Why they are so important?
What You Will Learn
- Interpret standard annual and management accounts : income statement, balance sheet, cash flow, budget and forecast workbooks
- Analyze financial data to make business decisions and draft a business plan
- Create a budget according to the business plan, track performance and forecast with action plans
- Choose an accounting system that supports business goals and needs
- Define cost saving strategies to manage unpredictable costs
- Identify financing options best suited to the travel agency's needs and goals
- Benchmark your business performance against IATA accreditation criteria and ratios
Course Content
- Plan-Do-Check-Act (PDCA) cycle and business planning at a travel agency
- Financial reports, annual and management accounts
- Accounting systems and data management
- Budgeting and forecasting
- Cost and cash flow management, and financing options
Who Should Attend
- Retail and wholesale travel business owners, managers, and supervisors
- Independent travel consultants and home-based agents
- Travel shop accounting and finance staff
- External accounting consultants and service providers
Weekday Classes
- Starting: September 7 - September 9, 2020
- Duration: 3 days
- Time: 9AM - 3PM
- Venue: 29, Toyin Street, Ikeja
Course Fee
- Tuition: N30,000
- Exam registration: $300
Self-study Option
- Tuition: N10,000
- Exam registration: $300
Prerequisites
- Learners must have basic computer skills before embarking on this course.
Certificates Awarded
- LAA Certificate of Participation
- Internationally recognized e-Certificate from IATA available for you to print for your records (Upon successful completion of the IATA examination)