1. Introduction
Practical training No.4 on accounting management at Restaurant Camping Peshku involves the entire general aspects of the main focus of the training. RCP, as a small enterprise that provides services to its customers, has supported the progress of training underlining the three approaches of the focus: collecting, analyzing and communicating financial information.
This report on practical training no. 4, coached by the CEO of RCP and mentored by Ms. Cane, examines the elements of accounting, costing and budgeting of Restaurant Camping “Peshku”, under the aspects of the theoretical knowledge and the specific tasks of working on a problem in a form of a project. The examination of the detailed elements of financial positions of
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2. Assignment and Proceeding
According to the topic given from RCP which is accounting management, the assignments and the major milestones are seen as following:
1. To document the general context and the orientation of Restaurant Camping “Peshku”.
2. To focus on the general aspects of company’s accounting, costing and budgeting.
3. To give suggestions and ideas in the form of a project, in order to attract improvements and further developments in the workplace.
4. To describe the activities in the workplace and moreover the general experience during the practical training.
The above tasks are presented through a structure, which defines the content of the report:
- General information about RCP Company
• History, place and turnover
• Personnel, market, product and customer
- General aspects of RCP accounting, costing and budgeting
•
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3.7. Values of RCP
The success of Restaurant Camping “Peshku” is based on four (4) basic core values, which are identified as follows:
- Service Professionals - In everything RCP does, it seeks opportunities for being hospital. RCP team challenges itself every day to come up with the best version of their services. RCP invests and dedicates all its energy for setting a remarkable service, in order to be the best in the industry class.
- Neighborly - Along with one of the characteristic values of the Albanians, this value is also part of the identity of each employee of RCP who are driven by a desire to make all the customers feel good.
- Ethical - RCP team models customer service integrity by being respectful and honest. Above all, at RCP are valued and protected the health and the safety of the personnel and the guests.
- Devoted – All the employees of RCP are devoted in hard and smart work, in order to give their guests, each other and the whole community, their best chance. Furthermore the managing staff of RCP is always opened to new ideas, while managing threats and
When being placed in the role of a manager, it is important to understand the finances of the organization and how to read and understand the recording of finances. It is also important to understand how all the different parts of the records fit together to give us the knowledge of where the business is financially. Knowing also the different responsibility centers related to financial recording and how they function is important as a manager. Once a manager understands what and where items belong on a balance sheet, they will better understand the state that the business is in. “It provides you with a picture of the financial health of your practice or organization on a certain date.”
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