Accounting and Financial Analysis in the Hospitality Industry

ISBN-10: 0132458667

ISBN-13: 9780132458665

Edition: 2011

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Description: For courses in Hospitality Managerial Accounting.This book explains how to use numbers and fundamental accounting to operate a successful hospitality department or business. Focusing on the basics, sections progress from accounting and financial analysis to financial statements and management reports to budgeting and forecasting. Throughout the book current hospitality examples, photographs and illustrations are used. This edition includes the latest from theUniform System of Accounts for the Lodging Industry, Tenth Revised Edition, expanded material on Department Profit and Loss Statements, coverage of the 2009 recession and new practice exercises throughout.

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Book details

List price: $58.99
Copyright year: 2011
Publisher: Pearson Education, Limited
Publication date: 2/16/2010
Binding: Paperback
Pages: 336
Size: 7.25" wide x 9.00" long x 0.50" tall
Weight: 1.474
Language: English

Creating a Foundation
Introduction to Numbers, Accounting, and Financial Analysis
Foundations of Financial Analysis
Accounting Department Organization and Operations
Financial Statements and Management Reports
The Profit and Loss Statement ( P & L)
The Balance Sheet (A&L) and Statement of Cash Flow
Hotel Management Reports
Revenue Management
Comparison Reports and Financial Analysis
Budgets and Forecasts
Budgets
Forecasting�A Very Important Management Tool
Other Financial Information
Corporate Annual Reports
Personal Financial Literacy
Glossary
Index
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