Hospitality Management Accounting
- ISBN-10
- 0471348848
- ISBN-13
- 9780471348849
- Series
- Hospitality Management Accounting
- Category
- Business & Economics / Industries / General
- Pages
- 625
- Language
- English
- Published
- 2001
- Publisher
- Wiley
- Authors
- Michael M. Coltman, Martin G. Jagels
Description
CRUCIAL ACCOUNTING SKILLS FOR THE HOSPITALITY PROFESSIONAL
In the fast-growing and increasingly competitive hospitality industry, every business is under extreme pressure to maximize revenue and minimize costs simply to maintain existing profit levels. Hospitality Management Accounting, Seventh Edition gives students a firm grounding in the fundamental concepts and analytical techniques they will need as professionals to take direct control of an accounting system and evaluate the effectiveness of current and past operations.
Filled with case studies, expanded exercise and problem sections, and alternative solution sets that provide multiple problem-solving approaches, this updated new edition is the only text in the field that covers credit card receivables. It features an extensive review of accounting systems and a special section on the use of computers in the hospitality industry.
Important topics covered in this text include:
* Understanding, analyzing, and interpreting financial statements
* Ratio analysis and internal control
* The "bottom up" approach to pricing
* Cost management and the cost volume profit approach to decisions
* Operations budgeting and cash budgeting
* Statement of cash flows and working capital
Hospitality Management Accounting, Seventh Edition equips hospitality management and culinary students with the skills they need to take command of one of the most crucial aspects of the management of any hospitality business.
Get the book
Other editions
Similar books
-
Chinese Grain Economy and Policy
By Liang Yu Chen, Allan E. BuckwellChen Xikang , Chen Liangyu and Xie Xinwei ( 1983 ) Model of Optimal Farming Structure and its Applications , Agroeconomy ( Nongye Jingji ) , January 1983 . Chen Xikang , Chen Liangyu and Xie Xinwei ( 1985 ) Input - Output Analysis and ...
-
Nutrition 7th Edition with Professional Chef 8th Edition Supervision 5th Edition f/CIA Book of Yields 8th Edition CD-Rom HBW 3rd...
By Karen E. DrummondNutrition 7th Edition with Professional Chef 8th Edition Supervision 5th Edition f/CIA Book of Yields 8th Edition CD-Rom HBW 3rd...
-
Tourism in the Polar Regions: The Sustainability Challenge
By United Nations Environment Programme, John Snyder, International Ecotourism SocietyThe Sustainability Challenge John Snyder, United Nations Environment Programme, International Ecotourism Society. Foreword The rapid growth of tourism over recent decades presents both challenges and opportunities .
-
Health Economics of Japan: Patients, Doctors, and Hospitals Under a Universal Health Insurance System
By Akihiro Yoshikawa, William B. VogtNiskanen , W. 1971. Bureaucracy and Representative Government . New York : Aldine Atherton . Ogura , S. 1990. “ Iryo Zyuyou no Kakaku Danryokusei ni Kansura Yobiteki Dousatsu ” ( Preliminary Study on the Price Elasticity of Medical Care ...
-
Closing the Gap in Education and Technology
By David M. De Ferranti'Closing the Gap in Education and Technology' advises Latin American and Caribbean governments to address the region's deficits in skills and technology, and thereby boost productivity, ultimately improving growth prospects.
-
產業結構優化的金融支持研究
By 郝倩有關專家、學者的研究結果表明,中國經濟將越來越向各大城市區集聚,珠江三角洲、長江三角洲、京津唐三大城市群在不久的將來會成爲具有巨大影響力的經濟空間。不可否認,產業集聚也給經濟發展帶來了負面影響。首先,如果某區域並不具備某個產業集聚的條件, ...
-
Partners in Prosperity: Strategic Industries for the United States and Japan
By Julian GresserChalmers Johnson , MITI and the Japanese Miracle : The Growth of Industrial Policy , 1925-1975 ( Stanford : Stanford ... See Eli F. Heckscher , Mercantilism , translated by Mendel Shapiro , revised edition edited by E. F. Soderlund .
-
Global Reach: The Power of the Multinational Corporations
By Richard J. Barnet, Ronald E. MüllerRobert W. Johnson , a recent chairman of Johnson & Johnson pharmaceuticals , also believes that " a nation as well as a business that does not grow will go back to the Dark Ages . The price of lethargy is slavery .
-
Encyclopedia of the Industrial Revolution in America
By James S. OlsonSUGGESTED READINGS: Paul Avrich, The Haymarket Tragedy, 1984; www. graveyards. com/foresthome/hmarket.html#parsons. ... fledgling union trying to organize silver, gold, lead, and coal miners in the western 128 HILL, JAMES JEROME states.
-
Industrial Relations in Europe: Traditions and Transitions
By Joris Van Ruysseveldt, Jelle VisserA broad-ranging introduction to the changing nature and context of industrial relations in contemporary Europe is offered in this textbook. Through a coordinated analysis of industrial relations in specific...