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.
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Through nine editions, this book remains the text that defines the undergraduate course. Hospitality Management Accounting equips hospitality management students with the skills they need to take command of managing finances by providing insight into the analysis and interpretations of financial statements.
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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.

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Produktdetaljer

ISBN
9780471689263
Publisert
2006-04-05
Utgave
9. utgave
Utgiver
John Wiley & Sons Inc
Vekt
680 gr
Høyde
274 mm
Bredde
216 mm
Dybde
23 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
352

Forfatter

Biografisk notat

MARTIN G. JAGELS is Professor Emeritus at the College of Hospitality, Retail, and Sport Management at the University of South Carolina in Columbia.