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Managerial Accounting for the Hospitality Industry, Study Guide / Edition 1

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Overview

Though not all hospitality students want to be accountants, managerial accounting is a crucial skill for all hospitality students. Written for aspiring hospitality managers rather than accountants, this resource focuses on how accounting principles apply directly to hospitality management. With a reader-friendly style suitable for those with no prior accounting background, this book makes accounting fun with practical examples scattered throughout each chapter that clearly illustrate accounting concepts and theories. A running case study helps readers immediately apply what they ve learned to the types of key management decisions made at a full-service resort.

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

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Product Details

  • ISBN-13: 9780470140550
  • Publisher: Wiley
  • Publication date: 10/6/2008
  • Edition description: New Edition
  • Edition number: 1
  • Pages: 224
  • Sales rank: 1,372,456
  • Product dimensions: 8.40 (w) x 10.90 (h) x 0.60 (d)

Meet the Author

Lea R. Dopson, EdD, is Chair of Hospitality Management at the University of North Texas inDenton, Texas.

David K. Hayes, PhD, is an author and consultant in Okemos, Michigan. He previously held faculty positions at Purdue University, Texas Tech University, and the University of Houston. Most recently, he was the Managing Owner of the Clarion Hotel and Conference Center in Lansing, Michigan.

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Table of Contents

Part I: Accounting Fundamentals.

Chapter 1. Hospitality Industry Accounting.

Chapter 2. Accounting Fundamentals Review.

Part II: Financial Statements.

Chapter 3. The Income Statement.

Chapter 4. The Balance Sheet.

Chapter 5. The Statement of Cash Flows.

Chapter 6. Ratio Analysis.

Part III: Management of Revenue and Expense.

Chapter 7. Food and Beverage Pricing.

Chapter 8. Revenue Management for Hotels.

Chapter 9. Managerial Accounting for Costs.

Part IV: Accounting Information for Planning.

Chapter 10. Forecasting in the Hospitality Industry.

Chapter 11. Budgeting and Internal Controls.

Chapter 12. Capital Investment, Leasing, and Taxation.

Answers to Key terms & concepts review, Discussion Questions and Quiz Yourself.

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