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.
This accessible 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.
Table of Contents
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. The Investment Decision.
Chapter 13. Feasibility Studies-An Introduction.
Chapter 14. Financial Goals and Information Systems.
Glossary.
Index.
