What is a Certified Hospitality Accountant Executive?
A certified hospitality accountant executive is a person who has undergone training in the hospitality industry and has been certified by the American Institute of Certified Public Accountants.
The certification indicates that the person has completed a course of study, passed an exam, and fulfilled other requirements of the AICPA. If you want to become a certified hospitality accountant executive, you should enroll in an undergraduate program at a college or university that offers courses in hospitality business. You will also need to take classes in accounting and finance, as well as economics. You may also want to consider taking classes at a local community college or online school where you can get credit for prior experience.
After you have graduated from college and obtained your bachelor's degree, you will need to apply for membership with the AICPA and complete an internship program that lasts between one and two years. Once this process is complete, you will be eligible to take an exam administered by the AICPA called "the Uniform CPA Exam." This exam tests your knowledge of auditing principles and professional standards for accountants who work in public accounting firms or private industry settings such as restaurants (which are considered hospitality operations).
What roles does a certified hospitality accountant executive have?
A certified hospitality accountant executive has many roles. He or she is responsible for the overall financial health of a company, and must be able to make decisions that will positively impact the company's bottom line. They are also in charge of making sure all employees are on track with their budgets and goals, which requires strong leadership skills. A certified hospitality accountant executive should also be able to spot trends in the market that could affect a company's profits or losses, and take steps to mitigate those risks. A certified hospitality accountant executive needs to have excellent communication skills, as they work closely with other executives in their organization and often have to present financial information at board meetings or presentations to investors.