Fourth webinar in a series, Hospitality Financial LeadershipTourism Saskatchewan teamed up with renowned hospitality financial leadership pioneer David Lund to present a series of five free one-hour webinars to help managers in tourism businesses enhance their financial leadership skills.Each webinar shows how managers can connect business leadership to financial success and growth.Financial Leadership, Wednesday, April 29, 2020• Shift your thinking• Welcome imperfection• The best career advice• Born without the financial gene• What is financial leadership• Engage their hearts and minds• What's in it for me• How to vs Want toBusiness Principles, Wednesday, May 6, 2020• Accrual vs cash• Principles of business• Business types• Why we do what we do - the way we do it• Who uses the information and why• Terms and definitionsFinancial Statements, Wednesday, May 13, 2020• Income statement• Assets• Liabilities• Balance Sheet• Fundamental business equation• Generally Accepted Accounting Principles (GAAP)• Uniform System of Accounts for the Lodging Industry (USALI)• Terms and definitionsManaging Labour and Productivity, Wednesday, May 20, 2020• Equivalent Full-time Employees (EFTEs)• Calculating rooms productivity• Calculating food and beverage productivity• Financial statement productivity• Benchmarking• Continuous Improvement• Staffing Guides• Payroll dictionaryManaging Expenses, Wednesday, May 27, 2020• Zero based expenses• Budgets and forecasts• Cheque books• Why we put it there• Expense dictionary• Purchasing controlsDavid Lund is a hospitality financial leadership pioneer who has branded himself “The Hotel Financial Coach.” Just as any great hotel is true to their brand, so is David. His client commitment is about exceptional service. And his #1 focus is to help his clients be more prosperous as individuals or teams. David’s background includes over 30 years as a Regional Controller, Corporate Financial Director, Hotel Manager and Controller throughout North America.This webinar series is a result of the feedback we have received from Employer of Choice hotel properties in Saskatchewan. We would like to thank the Saskatchewan Hotel and Hospitality Association and our clients and partners in the tourism industry. We are grateful for the support that everyone has shown for one another.