Hotel and Restaurant Accounting with Answer Sheet (AHLEI)

by Cote, Raymond; American Hotel & Lodging Association

• ISBN13: 9780133097306
• ISBN10: 0133097307
• Edition: 7th
• Format: Paperback w/Study Guide
• Copyright: 2012-05-29
• Publisher: American Hotel and Lodging Institute

Summary

This introductory accounting textbook accentuates the interrelationship between business principles and accounting. Information presented is based on the most recent uniform systems of accounting for hotels and restaurants. It uses computerized general ledger accounting as the basis for processing financial data. The text also contains several introductory managerial accounting chapters. This edition includes new information on the role of accounting in successful business decision making, fair value accounting, feasibility studies, and buying a franchise. Two new chapters cover depreciation and amortization and business math for hospitality managers.

Author Biography

About the Educational Institute

 

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The American Hotel and Lodging Educational Institute (AHLEI) is the premier source for delivering quality hospitality education, training and professional certification that serves the needs of hospitality schools and industries worldwide.

The AHLEI meets and exceed its education and training mission by providing materials for all levels of hospitality personnel via: online learning, distance learning courses, videos, seminars, textbooks, and study guides.

 

Professional  certification  from the AHLEI is the ultimate distinction of professional excellence for the hospitality industry.  It certifies and validates competencies in conjunction with academia and industry experts for over 35 positions in the hospitality industry; designations from front-line to general manager, including the prestigious CHA - the Certified Hotel Administrator.

Table of Contents

Accounting: A Management Resource

Business Formation: Important Decisions

Survey of Financial Statements

Exploring the Balance Sheet

Exploring the Income Statement

The Bookkeeping Process

Computerized Accounting System: An Introduction

Computerized Accounting Cycle: A Demonstration

Restaurant Accounting and Financial Analysis

Hotel Accounting and Financial Analysis

Depreciation and Amortization Methods

How to Analyze Hospitality Financial Statements

Annual Report to Shareholders

Credit and Debit Cards

Introduction to Budgeting and Forecasting

Internal Control of Cash

Business Math Topics for Hospitality Managers