Guide in PDF format

Economic and Financial Management of Tourism Companies

Code: 107777
Credits: 6

2026/2027

Degree programme	Type	Course
Tourism	OB	2

Contact lecturer

Name :: Jordi Rizo Gubianas
Email :: jordi.rizo@uab.cat

Group languages

You can consult this information at the end of the document.

Prerequisites

The subject aims to initiate second-year students of the Degree in Tourism in the terminology and economic and accounting conceptualization introducing them into the necessary knowledge to interpret the economic facts and represent the accounting process of a company and developing the necessary skills to carry out the elaboration of the basic accounting statements and training them with full knowledge and mastery of the current accounting regulations.

Prerequisites are NOT required.

Objectives

The course is an introduction to the Economic and Financial Management of the company, being the first that the students will find in the area of Accounting and analysis of the financial statements. It focuses on accounting principles, logic and how prepare the financial statements, specifically the Balance sheet, Income Statement and the Cash Flow.

At the end of the subject, the student may:

1. Understand the nature and objectives of accounting.

2. Identify the concepts of assets, liabilities and net worth.

3. Use criteria to evaluate the elements in a balance sheet.

5. Create accounting transactions and basic transactions in the accounting cycle.

6. Know the type of basic accounts, as well as their mechanisms.

7. Acquire the concepts and know the accounting and accounting cycle of the most common operations of the tourism company.

8. Define and know the classification of the annual accounts (balance of situation and income statement and Cash flow).

9. Acquire the concept of accounting standardization.

10. Know the concept and accounting treatment of value added tax.

11. Create financial statements (balance of situation and income statement and cash flow of a tourism company).

12. Determine the internal economic balance of a tourism company.

13. Know how to carry out the complete accounting process of a company (opening settlement, accounting transactions, ledger, assents of the accounting closing process, balance of sums and balances), in the accounting ledger

14. Perform an economic-financial analysis of the Balance sheet and income statement.

Learning outcomes

CM24 (Design technical-accounting reports on a company’s financial situation and propose solutions to problems and alternatives for improvement.) Design technical-accounting reports on a company’s financial situation and propose solutions to problems and alternatives for improvement.
KM25 (Identify the economic and financial concepts related to tourism companies.) Identify the economic and financial concepts related to tourism companies.
KM26 (Identify the main economic-financial gender inequalities existing in tourism companies.) Identify the main economic-financial gender inequalities existing in tourism companies.
SM34 (Apply the concepts of accounting and financial management in relation to tourism services and companies and in the different areas in the sector.) Apply the concepts of accounting and financial management in relation to tourism services and companies and in the different areas in the sector.
SM35 (Determine the economic-financial situation of a company from the information provided by the financial statements.) Determine the economic-financial situation of a company from the information provided by the financial statements.
SM36 (Apply budget control techniques for cost management, deviation analysis and efficiency management.) Apply budget control techniques for cost management, deviation analysis and efficiency management.
SM37 (Use teamwork to determine the financial situation of companies in the sector.) Use teamwork to determine the financial situation of companies in the sector.

UNIT 1: THE FINANCIAL STATEMENTS

Balance Sheet
The Accounting equation.
Economic and financial structure: assets, equity and liabilities
Order and valuation criteria.
Income Statement
Revenues and expenses.
Order and valuation criteria.
Other Financial Statements

UNIT 2: RECORDING BUSINESS TRANSACTIONS

The account as an accounting instrument
The recording process:
The Journal and the Ledger.
Double entry bookkeeping system: debit and credit rules.

UNIT 3: THE ACCOUNTING CYCLE

Stages in the accounting cycle.
Opening stage.
Development stage.
Adjustment stage.
Closing stage.
Preparation of Financial Statements.

UNIT 4. RECORDING BASIC TRANSACTIONS

Assets:
Non-current assets:
Fixed and intangible assets.
Depreciation
Current assets:

Trade receivables

Equity and liabilities:
Capital and reserves. Profit distribution.
Loans

Recording taxes:
Income tax
Value Added Tax

UNIT 5. ANALYSIS OF THE FINANCIAL STATEMENTS OF THE COMPANY: BALANCE SHEET, INCOME STATEMENT.

UNIT 6. INTRODUCTION TO CASH FLOW.

Learning activities and methodology

Title	Hours	ECTS	Learning outcomes
Tutorials	19	0.76	KM25, KM26, SM34, SM35, SM37
Resolution practical cases	20	0.8	SM35, SM37
Theoretical Clases	35	1.4	CM24, KM25, KM26, SM34, SM36
Work preparation	10	0.4	CM24, KM25, KM26, SM34, SM35, SM37
Resolution practical cases	25	1	CM24, KM25, KM26, SM34, SM35, SM37
Study	25	1	CM24, KM25, KM26, SM34, SM35
Work presentation	10	0.4	SM34, SM35, SM37

The course will have two very different dynamics:

a) Master classes sessions: Presentation of the theoretical content of the program in a clear, systematic and organized way by the teacher (students will have the basic annotations of all topics on the Virtual Campus of the Interactive Autonomous). At all times, the participation of students in the classroom will be encouraged; their contributions, reflections, and doubts will be valued.

b) Practical classes sessions: Students in groups of two to four people will develop a series of exercises and practical cases throughout the course (students will have the exercises to be carried out on the Virtual Campus of the Interactive Autonomous). Of these exercises and practical cases each group must present at least one exercise in class (to be determined by the teacher) at Power Point.

To guide and evaluate the group work, accreditation tutorials will be carried out on the appropriate dates.

Annotation: within the schedule set by the centre or degree programme, 15 minutes of one class will be reserved for students to evaluate their lecturers and their courses or modules through questionnaires.

Assessment

Continuous assessment activities

Title	Weight	Hours	ECTS	Learning outcomes
Final exam	50%	3	0.12	CM24, KM25, KM26, SM34, SM35, SM36
1st practical exam	20%	1	0.04	CM24, KM25, KM26, SM34, SM35, SM36
Case studies	30%	2	0.08	CM24, KM25, KM26, SM34, SM35, SM36, SM37

The evaluation of this subject is as follows:

CONTINUOUS ASSESSMENT

a) Exercises (30%) - Preparation of practical exercises and participation in class. Development and presentation of exercises and / or practical cases in work groups and / or individual. The teacher will give detailed information about

cases to develop during the sessions.

b) Exams (70%) The realization of 2 tests distributed throughout the course that will represent:

First partial (20%)

Second partial (50%)

Important information

To pass the continuous evaluation, the student must have a minimum average of the two exams of 5 in total. And obtain a minimum grade of the exercises in class of 5.

SINGLE ASSESSMENT

Students who have registered in Academic Management may carry out Single Assessment.

To pass Single Evaluation, students must take an exam (70%) and an accounting exercise (30%) of all the content of the subject.

RETAKE EXAM

Students who have not passed continuous assessment or single evaluation will be able to access the recovery.

The grade of the subject will be NOT EVALUABLE when the student is presented to less than half of the evaluation activities and / or does not take the final exam.

USAGE YA

In this subject, the use of Artificial Intelligence (AI) technologies is not allowed in any of its phases. Any work that includes fragments generated with AI will be considered a lack of academic honesty and will mean that the activity is evaluated with a 0 and cannot be recovered, or greater sanctions in cases of severity.

COPY AND PLAGIARISM

In the event that the student makes any irregularity that may lead to a significant variation in the qualification of an evaluation act, this evaluation act will be graded with 0, regardless of the disciplinary process that may be instructed. In the event of several irregularities in the evaluation acts of the same subject, the final grade of this subject will be 0.

Bibliography

Toursim Degree in English

2016. Beyond Figures: Introduction to Financial Accouting Mª del M. Camacho, M. Akpinar, Mª. J. Rivero , E. Urquía , A. Eskola. Publiser Edición Pyramide

THEORETICAL DOSSIER ELABORATED BY THE TEACHER (that the students will have to get obtain via virtual campus and read before class sessions)

Tourism Degree in Spanish

Basic regulations:

Plan General de Contabilidad y de Pymes: Edición 2021: Editorial Pirámide, Madrid.
Plan General de Contabilidad y de Pymes: Edición 2021: Editorial Prentice Hall, Madrid.
Or any other publisher that publishes the 2021 "General Plan for Accounting" and SMEs without commenting (without specifying).

Recommended bibliography:

Amat, Oriol & Aguilà, Santiago (2008): “El nuevo PGC a la práctica- Ejercicios y soluciones”, Barcelona: ACCID.

Amat, Oriol & Aguilà, Santiago (2008): “Nuevo PGC y PGC PYMES: Un análisis práctico y a fondo”, Barcelona: ACCID.

Segovia San Juan, Ana Isabel (2008): “Contabilidad básica. Adaptado al nuevo Plan General de Contabilidad (RD 1514/2007, de 16 de noviembre), Madrid: Editorial Universitaria Ramón Areces.

Muñoz Jiménez, J. (2008): “Contabilidad Financiera”, Ed. Prentice Hall