9780470140550

Managerial Accounting for the Hospitality Industry, Study Guide

by ;
  • ISBN13:

    9780470140550

  • ISBN10:

    0470140550

  • Format: Paperback
  • Copyright: 2008-10-01
  • Publisher: Wiley

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Supplemental Materials

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Summary

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 theyve learned to the types of key management decisions made at a full-service resort.

Table of Contents

Accounting Fundamentals
Hospitality Industry Accounting
Accounting Fundamentals Review
Financial Statements
The Income Statement
The Balance Sheet
The Statement of Cash Flows
Ratio Analysis
Management of Revenue and Expense
Food and Beverage Pricing
Revenue Management for Hotels
Managerial Accounting for Costs
Accounting Information for Planning
Forecasting in the Hospitality Industry
Budgeting and Internal Controls
Capital Investment, Leasing, and Taxation
Answers to Key terms & concepts review, Discussion Questions and Quiz Yourself
Table of Contents provided by Publisher. All Rights Reserved.

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