This book describes the essential accounting for anyone in the hospitality industry, which includes hotels, restaurants, spas, and similar businesses. It familiarizes the accountant with basic concepts and then addresses the various types of financial statements and the accounting needed to construct them. More detailed accounting topics include payroll, fixed assets, and payables. There are also many managerial accounting topics, such as the construction of a budget, price formulation systems, cost-volume-profit analysis, and cash management. In short, the book prepares the accountant for any accounting issues likely to arise in the hospitality industry.
Understanding Hospitality Accounting I
Reviewers Richard F. Ghiselli, Purdue University Yang H. Huo, Roosevelt University Fred Hurvitz, Pennsylvania State University Ronald L. Jordan, University of Houston Hyung-il Jung, University of Central Florida Lee M. Kreul, ...
... provided excellent feedback to help us write this text: Sheila Ammons, Austin Community College David Carr, Austin Community College Andy Chen, Northeast Illinois University Edward J. Corcoran, Community College of Philadelphia Jeff ...
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 ...
Understanding Hospitality Accounting II
Understanding and applying the information will be the main focus of this book. This textbook should provide hospitality managers the knowledge and experience to be comfortable in using numbers to operate their departments.
Yet having a grasp of accounting basics is a key part of management. Using an 'easy to read' style, this book provides a comprehensive overview of the most relevant accounting information for hospitality managers.
This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. Hospitality management...
This second edition contains many new themes and developments, including: the essence of the International Financial Reporting Standards (IFRS) integration of the changes caused by the evolution of the Uniform System of Accounts for the ...
Understanding Hospitality Accounting