Special Topics in Accounting – C – Emphasis on the Tourism Sector – e-learning – Centre for Training and Lifelong Learning

Special Topics in Accounting – C – Emphasis on the Tourism Sector

Introduction

The training Course “SPECIAL TOPICS IN ACCOUNTING C – EMPHASIS ON THE TOURISM SECTOR” is structured into three self-contained Teaching/Thematic Units, lasting three, four and four months respectively. Through these units, the Course analyses and examines issues relating to: a) wages, remuneration and related financial matters concerning staff; b) basic knowledge and practical strategies for managing the financial aspects of hotel businesses; and c) current legislative and tax requirements affecting the tourism sector and the related accounting practices required for compliance and effective management. Overall, the Course extensively covers the key areas of accounting and financial management of tourism businesses, equipping participants with the knowledge and skills necessary for a successful career in this constantly evolving and vital sector of the Greek economy.

Units

I. Staff Remuneration and Expenses (or Payroll) Issues (Duration: 3 months / 78 hours / 3 ECTS)

The aim of the Teaching Unit “Staff Remuneration and Expenses (or Payroll) Issues” is for trainees to acquire comprehensive knowledge and thorough information on all the individual features governing staff payroll matters and the provisions of labour legislation. Case studies and practical applications are provided to further help trainees consolidate and understand the content of the individual units.

II. Accounting Organisation & Management of Hotel Businesses (Duration: 4 months / 108 hours / 4.15 ECTS)

The aim of the Teaching Unit “Accounting Organisation & Management of Hotel Businesses” is for trainees to acquire comprehensive knowledge, thorough information and an understanding of all the individual features governing the organisation and accounting operations of hotel businesses. Through the wealth of examples, exercises and activities included in the educational material, the topics analysed are expected to be approached in an easy and comprehensible way.

III. Current Issues in Accounting, Tax and Labour Legislation (Duration: 4 months / 103 hours / 3.96 ECTS)

The aim of the Teaching Unit “Current Issues in Accounting, Tax and Labour Legislation” is for trainees to acquire comprehensive knowledge, thorough information and an understanding of all the individual features governing modern financial accounting and tax and labour legislation.

Scientific Director

Emmanuel Tsiritakis,

Professor, Department of Banking and Financial Management, University of Piraeus

Target Audience

The course is aimed at:

Students and graduates of universities, technological institutes (TEI) and vocational training institutes (IEK)
Economists, accountants, employees of organisations, consultants to hotel businesses, executives of hotel units and anyone developing a hotel business activity
Anyone interested in broadening their knowledge of accounting in tourism as a useful tool for their business activities.

Admission Requirements

Participants must have:

Basic computer skills
Internet access
A personal email account

Delivery Method

The Course is attended entirely online via simple educational software (an asynchronous e-learning platform), and digital educational material and continuous educational support are provided. Once an applicant is accepted onto the Course, a user account is created on the e-learning platform, giving access to the teaching unit of their choice. Within each teaching unit, the responsible instructor’s electronic educational material is posted on the e-learning platform on a weekly basis. The educational material includes electronic notes with theory and examples in PDF format, which can be saved and printed so that they can also be studied offline. Assignments or self-assessment tests may be set during the course. Trainees have access, at any time and from anywhere with an internet connection, to all the activities, information sources and announcements of each course, and are given the instructor’s contact details so that they can resolve any queries. Participants should:

study the material and the notes
use the links related to the course material
submit assignments, self-assessment tests and final examination answers

Type of Certificate

Trainees who successfully complete all the Units of the Course are awarded a Training Certificate by KEDIVIM of the University of Piraeus. Participants who choose to attend only some of the thematic units are awarded a Training Certificate listing the Teaching/Thematic Units they have successfully completed. If successful completion of the Course is not possible due to discontinuation of studies or failure in the examinations, the trainee is awarded a Certificate of Attendance by KEDIVIM of the University.

See a sample of the certificates awarded, as applicable, here

Teaching/Thematic Units

1Teaching/Thematic Unit 1: Staff Remuneration and Expenses (or Payroll) Issues

Specific topics covered:

Dependent employment contract

Organisation and internal control of personnel services

Operating procedures of personnel services

Tax deductibility of staff remuneration and expenses

Accounting for staff remuneration and expenses

Expenses for active staff

Expenses for retired staff

Travel allowances, travel and subsistence expenses of company staff

Contributions and deductions from staff remuneration

Analytical Periodic Declaration (APD)

Payment of contributions to IKA

Withholding tax on salaried employment

Other deductions from employees' pay

Calculating staff remuneration under the provisions of labour law (General part)

Remuneration for employment within the agreed working hours

Employment of salaried staff beyond the agreed working hours

Employment of salaried staff on public holidays and at night, and Sunday work

Allowances for employees travelling away from their base and travel expenses

Christmas and Easter bonuses

Employee absence from work

Employees' annual leave

Holiday allowance

Termination of the employment relationship

Compensation of lawyers upon termination of the relationship or resignation

Fees of commercial agents

Remuneration paid retroactively to staff

2Teaching/Thematic Unit 2: Accounting Organisation & Management of Hotel Businesses

ORGANISATION OF HOTEL BUSINESSES
- Hotel Classifications
- Hotel Characteristics
- Establishment – Operating Licences of Hotel Businesses
- The Hotel's Relations with Various Authorities
- Ratios in the Hotel Business
- Accounting Department
- Internal Audit Department
- Control of Income and Expenses by Operating Sector
- Control of Consumable and Non-Consumable Goods Warehouses
- Management Department
- Sales Department
- Cash Office
- Customer Accounts Department
GENERAL ACCOUNTING
- Basic Issues in Bookkeeping and Issuing Documents for Hotel Businesses
- Analysis of the Chart of Accounts (Content, Interpretation)
- Accounting Entries for all Transactions of a Hotel Business
- Foreign Exchange Accounting
- Preparation and Control Tasks for the Year-End Closing
- Preparation of Financial Statements
TAXATION OF HOTEL BUSINESSES
- Taxation of Hotel Businesses
- Income Tax
- ENFIA (Single Property Tax) Issues
- Tax Exemptions through POS Payments
LABOUR LEGISLATION
- Employment Contract
- Recruitment – Job Retention
- Re-employment
- Employees' Terms of Pay and Employment
- Benefits in Kind & in Cash
- Employee Benefits (Sickness, Childbirth, Maternity, Spa Therapy)
- Workplace Accident
- Leave – Working Hours
- Termination of the Employment Relationship
- Severance Pay for Seasonally Employed Hotel Staff

3Teaching/Thematic Unit 3: Current Issues in Accounting, Tax and Labour Legislation

ACCOUNTING ISSUES
- Financial Statements of Businesses
- Basic Issues in Bookkeeping and Issuing Documents
- Accounting Entries for all Business Transactions
- Preparation and Control Tasks for the Year-End Closing
- Preparation of Financial Statements
- Inventory of the Company's Assets
- Statement of Cash Flows
TAX ISSUES
- Income Tax
- Deferred Taxation
- ENFIA (Single Property Tax) Issues
- Tax Exemptions through POS Payments
- Tax Incentives for Business Mergers
- Taxation and Distribution of Profits of a Société Anonyme – Dividends
LABOUR ISSUES
- Employment Contract
- Recruitment – Job Retention
- Re-employment
- Employees' Pay
- Benefits in Kind & in Cash
- Employee Overtime – Pay for Sundays – Public Holidays
- Employee Benefits (Sickness, Childbirth, Maternity)
- Workplace Accident
- Employee Leave
- Termination of the Employment Relationship

Learning Outcomes

Upon successful completion of the Course, trainees will:

Understand the basic principles and terms of labour law (Unit 1)

Are familiar with the methods and rules of labour relations (Unit 1)

Are able to study and analyse issues of staff payroll and labour legislation (Unit 1)

Are able to assess issues concerning labour legislation (Unit 1)

Are able to understand the purposes and operation of hotel businesses (Unit 2)

Understand definitions and basic concepts related to hotel accounting (Unit 2)

✔️ Are able to study and analyse issues relating to the financial operations of a hotel business (Unit 2)

✔️ Can improve the quality of the services they offer through scientifically sound methodologies (Unit 2)

Understand definitions and basic concepts related to accounting, tax and labour legislation (Unit 3)

Are able to study and analyse issues of accounting, tax and labour legislation (Unit 3)

Are able to assess issues of accounting, tax and labour legislation (Unit 3)

Use various modes of thinking (Units 1, 2 & 3)

Can develop various problem-solving strategies (Units 1, 2 & 3)

Assessment

The examination process takes place remotely via the e-learning platform, with the final examination questions and exercises posted in the form of an assignment with a deadline for submitting answers. Late participation in the final examination may be arranged in consultation with the trainee, provided that no more than one year has passed since their registration in the relevant teaching unit.

Discount Policy

The following discount categories apply:

GROUP A: Unemployed persons, members of large families and families with three children, persons with disabilities, graduates and students of the University of Piraeus, employees of the University of Piraeus (permanent or under contract), municipal employees
GROUP B: Undergraduate students of universities/technological institutes (AEI/TEI) or persons up to 30 years of age holding a European Youth Card, participants of previous cycles, registration for at least two courses in the same period

Please note that:

Discounts are not cumulative.
Each trainee may benefit from only one discount category.
Participants entitled to a discount must submit the supporting documents that will be requested.

Course Fee after discount

	GROUP A	GROUP B	NO DISCOUNT
Total Course Fee	910€	1.100€	1.290€
Fee for Thematic Unit 1	250€	300€	350€
Fee for Thematic Unit 2	330€	400€	470€
Fee for Thematic Unit 3	330€	400€	470€

Payment of Fees

Fees are payable in a single payment or in equal monthly instalments, the number of which corresponds to the duration of the Teaching Unit in months, provided that the fees are paid in full 2 weeks before the end of the Teaching Unit. Failure to pay any instalment will result in the automatic exclusion of the candidate from the remainder of the Course, the examinations and the award of the certificate.

1.290,00 €

Duration:	11 Months / 289 Hours
ECTS:	11.11
Field of Study:	Accounting
Language:	Greek
Scientific Director:	Emmanouil Tsiritakis

Educational Material

Electronic Notes

ENROL