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Jerry J. Weygandt, Ph.D., C.P.A., is the Arthur Andersen Alumni Professor of Accounting at the University of Wisconsin–Madison.
Donald E. Kieso, Ph.D., C.P.A., is the KPMG Emeritus Professor of Accounting at Northern Illinois University.
Paul D. Kimmel, Ph.D., C.P.A., is an Associate Professor of Accounting at the University of Wisconsin–Milwaukee.
Agnes L. DeFranco, Ed.D., C.H.E., is a Professor in the Conrad N. Hilton School of Hotel and Restaurant Management at the University of Houston.
| Hospitality Accounting in Action | |
| New Feature Story on the importance of accurate and ethical financial accounting in today's business world | |
| New international insight on Chinese accounting policies | |
| New an insight feature on e-business | |
| The accounting cycle is now introduced in this chapter | |
| New discussion of accounting and financial management in hotels, restaurants, clubs and spas | |
| Detailed coverage on the Uniform Systems of Accounts | |
| Updated and revised end-of-Chapter problems | |
| Accounting Principles | |
| New Feature Story on the matching principle and how it relates to stockholders' wealth | |
| New business insight on a gaming casino | |
| Step-by-step illustration of an expanded accounting equation | |
| Updated and revised end-of-Chapter problems | |
| The Recording Process | |
| Feature Story on the real world of accounting | |
| Additional reinforcement of the accounting cycle | |
| Updated and revised end-of-Chapter problems | |
| Adjusting the Accounts | |
| Feature Story on why adjustments are crucial in providing accurate accounting information | |
| New insight feature on exceptionally large outlays by companies on advertising | |
| New ethics insight on earnings reporting | |
| Updated and revised end-of-Chapter problems | |
| Completing the Accounting Cycle | |
| Updated Feature Story on Rhino's Foods, Inc. about educating employees the financial health of the company as a motivational tool | |
| Transparency in-lays illustrate the information flow of a worksheet | |
| Updated and revised end-of-Chapter problems | |
| Financial Statements | |
| Feature Story on how adequate cash flow can make or break a business | |
| New illustration on the relationship between the income statement and the balance sheet | |
| New chart of net income and cash from operations from five restaurants and five hotel companies | |
| Updated and revised end-of-Chapter problems | |
| Financial Statement Analysis | |
| This is a new Chapter to the Second Edition | |
| Feature Story on Brinker International is used as an illustration of financial ratios | |
| Added in a small independent restaurant is provided an example for statement analyses and ratios comparison | |
| A Summary of Ratios table is included to group important concepts together | |
| Landry's Restaurants, Inc.'s data is used as a demonstration problem | |
| Accounting for Merchandising Operations in Hospitality | |
| New Feature Story on e-commerce | |
| New insight feature on sales returns | |
| New ethics insight in the wake of Enron | |
| Updated and revised end-of-Chapter problems | |
| Inventories and Cost of Goods Calculation | |
| New Feature Story on inventory valuation | |
| Updated detailed examples and calculations are used to illustrate all methods of inventory valuation | |
| Extensive discussion on the effects on errors in the inventory valuation process | |
| Updated and revised end-of-Chapter problems | |
| Internal Control and Cash | |
| Feature Story on cash control in a coffee shop | |
| New insight feature on fraud | |
| New insight feature on computer fraud | |
| New insight feature on results reported by the Association of Certified Fraud Examiners | |
| Updated and revised end-of-Chapter problems | |
| Payroll | |
| New Feature Story on managing payroll | |
| New regulations in the Fair Labor Standards Act, including websites | |
| Now includes Sample Form 8027 Employer's Annual Information Return of Tip Income and Allocated Tips | |
| Now includes Sample Form 4070 Employee's Report of Tips to Employer | |
| 8% tip allocation calculation is illustrated | |
| Table of Contents provided by Publisher. All Rights Reserved. |
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.
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