Hospitality Management Accounting, Ninth Edition
- 10h 54m
- Catherine E. Ralston, Martin G. Jagels
- John Wiley & Sons (US)
- 2007
The success of every business in the hospitality industry depends on maximizing revenues and minimizing costs. 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 managing finances toward increased profits. It offers hands-on coverage of computer applications and practical decision-making skills to successfully prepare readers for the increasingly complex and competitive hospitality industry.
In this Book
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Basic Financial Accounting Review
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Understanding Financial Statements
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Analysis and Interpretation of Financial Statements
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Ratio Analysis
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Internal Control
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The Bottom-Up Approach to Pricing
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Cost Management
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The Cost-Volume-Profit Approach to Decisions
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Operations Budgeting
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Statement of Cash Flows and Working Capital Analysis
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Cash Management
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Capital Budgeting and the Investment Decision
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Feasibility Studies—An Introduction
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Financial Goals and Information Systems
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