HFTP Offers New Digital Format for the Uniform System of Accounts for the Lodging Industry

The Latest Edition of the 74-Year Reference Guide is Now Available, in an Easy-To-Access Online Format Offered as a Subscription; Including Supplemental Guide Resources.

USA, Austin, Texas. August 17, 2020

Hospitality Financial and Technology Professionals (HFTP®) has just released a new format for the USALI, 11th revised edition : a digital version that is available through a subscription service. The popular guide is widely used internationally and its primary purpose is to offer operating statements formatted to provide hotel owners, managers and other interested parties with operational information pertinent to the lodging industry. The USALI was first published in 1926 and is currently in its 11th edition. The subscription will make it easy to access on multiple digital devices.

"In 2018, HFTP purchased the copyright to the USALI with the goal to expand its usage internationally, and making it easily available digitally is a huge step in that direction," said HFTP Deputy CEO Thomas Atzenhofer, CPA. "Since HFTP purchased the copyright, we have actively worked to raise the profile of the USALI, by participating with the Global Finance Committee in the revision process for a 12th revised edition and introducing two professional USALI Certificates."

The USALI subscription service will cost $14.95 USD a month or $149.95 USD for an annual subscription. Subscribers will have access to the full 11th edition along with a collection of subscription-only resources such as FAQs and guidance articles. The USALI is also available as a soft cover book for $149.95 USD, with a bundle discount available for the purchase of the soft cover book and subscription.

In addition to developing the online USALI, HFTP debuted this Spring the USALI Certificates, developed and powered by Ascend. The program offers two certificates: USALI-11 Certificate, Theory and USALI-11 Certificate, Practice - Analysis and Compliance. Each certificate is a four-module course which cover the concepts, organizational structure and application of this industry-wide reporting standard. Currently the certificate program is being offered at an introductory cost of $75 USD per module or $250 USD per certificate bundle (a combination of all four modules) through August 31, 2020. On September 1, 2020 the regular price structure will apply: $300 per module and $1,000 per certificate course.

Visit the USALI site to purchase the book and view supplemental resources. For questions, contact HFTP at [email protected] or +1 (512) 220-4020.


/ SLIDES
Tags: USALI, hotel finance, hftp, uniform system

About HFTP

Media Contact:

Eliza Selig
HFTP
HFTP
T: 512-220-4026
E: [email protected]
W: http://www.hftp.org
Read Our Blog: http://blog.hftp.org
Follow us on Twitter: https://twitter.com/HFTP
Become a Facebook Fan: https://www.facebook.com/HFTPGlobal

Subscribe to our newsletter
for more Hotel Newswire articles

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in November 2021...

Architecture & Design: Wellness is Key


Like every other facet of hotel operations, architecture and design firms are adapting their work to ensure the safety and well-being of both guests and staff. New ways to bring Wellness into hotel spaces are being explored and these solutions are taking on many forms. Hotel designs are incorporating more open floor plans, open air spaces, high ceilings, outdoor areas and operable walls into their spaces. Guests no longer want to be packed into tight areas. More "biophilic" elements are also being incorporated, offering guests the sense of being outdoors. Another trend is the reimagining of guest rooms to support remote work capabilities. Some hotels are converting empty guest rooms into office spaces, complete with effective lighting and suitable backgrounds for video conferencing. Dedicated Zoom Rooms are also becoming increasingly popular. The main goal is to provide guests with a positive experience in a space that feels safe and comfortable. These are some of the architecture and design subjects that will be covered in the November issue of the Hotel Business Review.