| Project Title: | A Taste of the Hospitality Industry: Exploring the Dynamics of Restaurant Operations |
| Author: | Mr. Krishna Khatri |
| Advisor: | Mr. Ashutosh Mishra |
| Degree: | Bachelor of Business Administration (International Program) |
| Major: | Finance and Banking |
| Faculty: | Business Administration |
| Semester / Academic year: | 2/2022 |
Citation
Khatri, Krishna. (2020). A taste of the hospitality industry: Exploring the dynamics of restaurant operations (Cooperative Education). Bangkok: Siam University.
Abstract
The purpose of this report is to provide a comprehensive overview of the practical experience gained during an internship as an assistant accountant at a Trisara restaurant and bar pvt. Ltd. The internship was undertaken as part of the eighth-semester requirement of the Bachelor’s program at Kathmandu College of Management, affiliated with Siam University. The report begins with an introduction to the restaurant and its operations, providing details on its size, location, and type of cuisine. The report then focuses on the specific responsibilities and tasks undertaken as an assistant accountant, including financial record-keeping, accounts payable and receivable, payroll processing, and financial analysis. The report highlights the practical application of theoretical concepts learned during the previous semesters, showcasing the importance of accounting in managing the financial aspects of a restaurant business.
It also discusses the challenges faced and how they were addressed, such as dealing with discrepancies in financial records and resolving billing issues. Furthermore, the report discusses the use of accounting software and tools in managing financial transactions and the importance of maintaining accurate and up-to-date financial records for decision-making and compliance purposes. It also highlights the significance of effective communication and teamwork skills in the workplace, as well as the ethical considerations and professionalism required in handling financial information. The report concludes with a reflection on the overall learning outcomes and personal development during the internship, including improved technical skills, increased understanding of real-world accounting practices, and enhanced professional attributes. Overall, this internship has provided valuable practical experience and insights into the role of an assistant accountant in a restaurant setting and has contributed significantly to the intern’s academic and professional growth.
Keywords: transactions, technical, growth, teamwork.
A Taste of the Hospitality Industry: Exploring the Dynamics of Restaurant Operations
Faculty of Business Administration, Siam University, Bangkok, Thailand