Managerial Accounting for the Hospitality Industry
(Sprache: Englisch)
Though not all hospitality students want to be accountants, managerial accounting is a crucial skill for all hospitality students. Written for aspiring hospitality managers rather than accountants, this resource focuses on how accounting principles apply...
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Though not all hospitality students want to be accountants, managerial accounting is a crucial skill for all hospitality students. Written for aspiring hospitality managers rather than accountants, this resource focuses on how accounting principles apply directly to hospitality management. With a reader-friendly style suitable for those with no prior accounting background, this book makes accounting fun with practical examples scattered throughout each chapter that clearly illustrate accounting concepts and theories. A running case study helps readers immediately apply what they ve learned to the types of key management decisions made at a full-service resort.Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
A Clear, User-friendly Introduction to a Crucial Business Skill
Accounting is frequently called the language of business. But accounting is too serious a matter to be left only to accountants. If you care about effective hospitality management, accounting should not be a foreign language to you. This book provides all the information and tools you need to become fluent in the essential language of managerial accounting.
Managerial Accounting for the Hospitality Industry gives aspiring hospitality managers the knowledge to analyze and interpret the varied financial information they will use in the hospitality industry. Using a reader-friendly and encouraging style, the authors provide managers with all the accounting tools, theory, and applications they need to make good business decisions based upon sound financial information.
Comprehensive and accessible, Managerial Accounting for the Hospitality Industry includes key features such as:
- Numerous practical examples throughout each chapter that clearly illustrate hospitality accounting concepts and theories
- Consistent focus on how accounting principles apply directly to hospitality management decision making
- A running case study utilized throughout the book provides opportunities for readers to apply accounting principles to real-world hospitality management decisions
- Reader-friendly style that makes learning accounting fun
- Extensive practice problems and assessment tools
- Bonus CD-ROM with exercises that utilize manager-developed spreadsheets as aids in decision making and problem solving
Written by an accomplished author team, Managerial Accounting for the Hospitality Industry provides a unique approach rooted in current industry practices and is well-suited for a wide range of hospitality students and professionals.
Accounting is frequently called the language of business. But accounting is too serious a matter to be left only to accountants. If you care about effective hospitality management, accounting should not be a foreign language to you. This book provides all the information and tools you need to become fluent in the essential language of managerial accounting.
Managerial Accounting for the Hospitality Industry gives aspiring hospitality managers the knowledge to analyze and interpret the varied financial information they will use in the hospitality industry. Using a reader-friendly and encouraging style, the authors provide managers with all the accounting tools, theory, and applications they need to make good business decisions based upon sound financial information.
Comprehensive and accessible, Managerial Accounting for the Hospitality Industry includes key features such as:
- Numerous practical examples throughout each chapter that clearly illustrate hospitality accounting concepts and theories
- Consistent focus on how accounting principles apply directly to hospitality management decision making
- A running case study utilized throughout the book provides opportunities for readers to apply accounting principles to real-world hospitality management decisions
- Reader-friendly style that makes learning accounting fun
- Extensive practice problems and assessment tools
- Bonus CD-ROM with exercises that utilize manager-developed spreadsheets as aids in decision making and problem solving
Written by an accomplished author team, Managerial Accounting for the Hospitality Industry provides a unique approach rooted in current industry practices and is well-suited for a wide range of hospitality students and professionals.
Inhaltsverzeichnis zu „Managerial Accounting for the Hospitality Industry “
PART I: ACCOUNTING FUNDAMENTALSChapter 1: Hospitality Industry Accounting
Chapter 2: Accounting Fundamentals Review
PART II: FINANCIAL STATEMENTS
Chapter 3: The Income Statement
Chapter 4: The Balance Sheet
Chapter 5: Statement of Cash Flows
Chapter 6: Ratio Analysis
PART III: MANAGEMENT OF REVENUE AND EXPENSE
Chapter 7: Food and Beverage Pricing
Chapter 8: Revenue Management for Hotels
Chapter 9: Managerial Accounting for Costs
PART IV: ACCOUNTING INFORMATION FOR PLANNING
Chapter 10: Forecasting In the Hospitality Industry
Chapter 11: Budgeting and Internal Controls
Chapter 12: Capital Investment, Leasing, and Taxation
Glossary
About the Authors
Index
Bibliographische Angaben
- Autoren: Lea R. Dopson , David K. Hayes
- 2008, 1. Auflage., 528 Seiten, Maße: 23,8 cm, Gebunden, Englisch
- Verlag: Wiley & Sons
- ISBN-10: 0471723371
- ISBN-13: 9780471723370
Sprache:
Englisch
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