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Hospitality Management Accounting, 9th Edition

March 2006, ©2007
Hospitality Management Accounting, 9th Edition (EHEP000573) cover image
The success of every business in the hospitality industry depends on maximizing revenues and minimizing costs. Hospitality Man-agement 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.
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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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  • Detailed and consolidated coverage of straight-line, units-of-production, sum-of-the-year’s-digits, and double-declining depreciation methods
  • Updated material on inventory control methods, with emphasis on perpetual inventory
  • Extensive information on the use of computer applications and inventory control software
  • A sequential presentation of statement of cash flows and working capital
  • New end-of-chapter exercises and problems that have been thoroughly checked for accuracy
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  • Contains numerous pedagogical features in each chapter, including key terms, chapter summaries, exercises, problems and case studies
  • Accompanied by a complete ancillary package, including an instructor's manual and student workbook
  • Provides a consolidated, in-depth review of the fundamentals of accounting
  • Insight into the analysis and interpretation of financial statements
  • Statements of cash flows discussed alongside working capital
  • A cost-volume-profit approach to decision making and cost management
  • Detailed focus on the operating budget and cash budgeting
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Instructors Resources
Wiley Instructor Companion Site
Website to Accompany Hospitality Management Accounting, Ninth Edition
Instructor's Companion site with downloadable Instructor's Manual.
WebCT to accompany Hospitality Management Accounting, Ninth Edition
Course Management Website.
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Purchase Options
Hardcover   
Hospitality Management Accounting, 9th Edition
ISBN : 978-0-471-68789-4
608 pages
March 2006, ©2007
$124.95   BUY

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