Basic Management Accounting for the Hospitality Industry, 2nd Edition

Basic Management Accounting for the Hospitality Industry, 2nd Edition Front Cover
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2017-03-13
380 pages

Book Description

Basic Accounting for the Hospitality Industry

uses a step by step approach to enable students to independently master the field.

This second edition contains many new themes and developments, including:

  • the essence of the International Standards (IFRS)
  • of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)
  • the extension of price elasticity of demand, and addition of income and cross elasticities
  • the addition of break-even time (BET) as an additional method of analysing capital investments

Up-to-date and comprehensive coverage, this textbook is essential reading for hospitality management students. Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl

Table of Contents

Chapter 1 Introduction To Management Accounting
Chapter 2 The Balance Sheet
Chapter 3 The Profit And Loss Account Statement
Chapter 4 Adjustments To The Balance Sheet And The Profit And Loss Account
Chapter 5 The Cash Flow Statement (Also Called The Statement Of Cash Flow)
Chapter 6 Analyzing Financial Statements
Chapter 7 Ratio And Types Of Ratios
Chapter 8 Management Of Working Capital
Chapter 9 Cost Management
Chapter 10 Pricing And Revenue Management
Chapter 11 Cost-Volume-Profit Analysis
Chapter 12 Internal Control
Chapter 13 Forecasting
Chapter 14 Budgeting And Variance Analysis
Chapter 15 Capital Investment Decisions

Book Details

  • Title: Basic Management Accounting for the Hospitality Industry, 2nd Edition
  • Author:
  • Length: 380 pages
  • Edition: 2
  • Language: English
  • Publisher:
  • Publication Date: 2017-03-13
  • ISBN-10: 9001867332
  • ISBN-13: 9789001867331
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