The gaming industry is a unique environment for the accountant. There is far more cash than is normally found in most organizations, plus a number of different transactions to account for - jackpots, loyalty programs, gaming chips, comps, and more. The result can be bewildering. Accounting for Casinos and Gaming is designed to bring clarity to the situation by providing an overview of gaming operations and describing those accounting issues most relevant to a gaming entity.
Gaming Operations. Accounting Systems. Gaming Specific Accounting. Payroll Accounting. Receivables and Payables Accounting. Fixed Asset Accounting. Interest Capitalization. Debt Accounting. Accounting Controls and Policies. Financial Reports. Reporting Requirements.
CPAs and other business and finance professionals.
Recognize the factors that can impact the level of gaming taxes. Identify the different types of games. Specify the responsibilities of a casino controller. Recognize the responsibilities of the cage staff, and the types of transactions that they handle. State the types of transactions used to supply chips to and remove cash from a gaming table. Recognize the calculation for gross gaming revenue. Identify the contents of a table drop box. Note how a TITO system functions, and more.
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $334.00
Member Price $290.00