Hospitality Management Accounting

ISBN-13: 9780471687894 / Angielski / Twarda / 2006 / 608 str.

Martin G. Jagels; Catherine E. Ralston

Opis

The success of every business in the hospitality industry depends on maximizing revenues and minimizing costs. This Ninth Edition continues its time-tested presentation of fundamental concepts and analytical techniques that are essential to taking control of real-world accounting systems, evaluating current and past operations, and effectively managing finances toward increased profits. It offers hands-on coverage of computer applications and practical decision-making skills to successfully prepare readers for the increasingly complex and competitive hospitality industry.

Spis treści

Preface.

Chapter 1: Basic Financial Accounting Review.

Chapter 2: Understanding Financial Statements.

Chapter 3: Analysis and Interpretation of Financial Statements.

Chapter 4: Ratio Analysis.

Chapter 5: Internal Control.

Chapter 6: The "Bottom–Up" Approach to Pricing.

Chapter 7: Cost Management.

Chapter 8: The Cost–Volume–Profit Approach to Decisions.

Chapter 9: Operations Budgeting.

Chapter 10: Statement of Cash Flows and Working Capital Analysis.

Chapter 11: Cash Management.

Chapter 12: Capital Budgeting and the Investment Decision.

Chapter 13: Feasibility Studies An Introduction.

Chapter 14: Financial Goals and Information Systems.

Glossary.

Index.

O autorze

Martin G. Jagels is Professor Emeritus, School of Hotel, Restaurant, and Tourism at the University of South Carolina, and continues to teach hospitality accounting. Michael M. Coltman was chair of the Department of Hospitality and Tourism Administration at the British Columbia Institute of Technology until his retirement.

Blurb

The success of every business in the hospitality industry depends on maximizing revenues and minimizing costs. Hospitality Management Accounting, Ninth Edition continues its time–tested presentation of fundamental concepts and analytical techniques that are essential to taking control of real–world accounting systems, evaluating current and past operations, and effectively managing finances toward increased profits.

Hospitality Management Accounting, Ninth Edition continues to define managerial accounting with new features, such as:

• Detailed and consolidated coverage of straight–line, units–of–production, sum–of–the–year′s–digits, and double–declining–balance depreciation methods
• Updated material on inventory control methods, with emphasis on perpetual inventory
• A sequential presentation of statement of cash flows and working capital
• New end–of–chapter exercises and problems

Hospitality Management Accounting, Ninth Edition offers hands–on coverage of computer applications and practical decision–making skills to successfully prepare readers for the increasingly complex and competitive hospitality industry.