Hospitality Management Accounting

Hospitality Management Accounting

3.05 (21 ratings by Goodreads)
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Description

Students taking their second course in accounting usually take a managerial accounting course, which takes a look at the internal workings of a company - maximizing revenue, minimizing costs and maximizing profits. As the hospitality industry continues to grow and as the business environment becomes even more competitive, it must become increasingly profit- and cost-conscious in order to maximize revenue and minimize costs, all while maintaining the level of service necessary for a successful operation. This hospitality management accounting text combines essential information, illustrative examples and useful problems and exercises.
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Product details

  • Hardback | 624 pages
  • 197 x 239 x 38mm | 1,162g
  • John Wiley & Sons Inc
  • New York, United States
  • English
  • Revised
  • 8th Revised edition
  • glossary, index
  • 0471092223
  • 9780471092223

Table of contents

Basic financial accounting review; understanding financial statements; analysis and interpretation of financial statements; ratio analysis; internal control; the bottom up approach to pricing; cost management; the cost-volume-profit approach to decisions; operations budgeting; statement of cash flows and working capital analysis; cash management; the investment decision; feasibility studies -: an introduction; financial goals and information systems. Appendix: computers in hospitality management.
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Rating details

21 ratings
3.05 out of 5 stars
5 29% (6)
4 10% (2)
3 19% (4)
2 24% (5)
1 19% (4)
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