Interpret Financial Information

This course will teach you how to read through financial reports and information with a clear understanding of what it all means. You'll learn about key performance indicators (KPIs) that any company can use to improve their operations, as well as an interpretation for each type.

The unit applies to all tourism, travel, and hospitality sectors. It's for people who work alone or with limited guidance from others like supervisors and departmental managers.

Learning Outcomes:

1. Access and interpret financial information.

1.1 Identify and interpret the financial information and reports required for the organisation to monitor business performance.

1.2 Interpret financial information and reports applicable to operational or departmental activities.

2. Use and provide financial information.

2.1 Review financial information for impacts on operational activities and take action according to individual empowerment.

2.2 Routinely provide information on operational or departmental financial activities.