Managerial Accounting / Edition 1

Managerial Accounting / Edition 1

by National Restaurant Association, National Restaurant Assoc Educational Fo
     
 

ISBN-10: 0132283417

ISBN-13: 9780132283410

Pub. Date: 02/08/2006

Publisher: Prentice Hall

The NRAEF is introducing a new program as part of its strategic focus on recruitment and retention. This new management training certification program is based on a set of competencies defined by the restaurant, foodservice and hospitality industry as those needed for success. NRAEF ManageFirst Program leads to a new credential, ManageFirst Professional

Overview

The NRAEF is introducing a new program as part of its strategic focus on recruitment and retention. This new management training certification program is based on a set of competencies defined by the restaurant, foodservice and hospitality industry as those needed for success. NRAEF ManageFirst Program leads to a new credential, ManageFirst Professional (MFP), which is part of our industry career ladder. This competency-based program includes 12 topics, each with a competency guide, exam, instructor resources and certificate. Students earn a certificate for each exam passed. The topics and exams are aligned to typical on-campus courses. For example, the Controlling Foodservice Costs Competency Guide is designed to align with a Cost Control or Operations Management course. Competency Guides and Textbooks: Most guides are 150-200 pages in length and are designed to be used with traditional textbooks for each course area. Each guide contains the essential content for that topic, learning activities, assessments, case studies, suggested field trips & research projects, professional profiles and testimonials. Instructor resources are available electronically and include competency guide content, notes indicating points to be emphasized, recommended activities and discussion questions, and answers to all activities and case studies. Exams: Exams accompany each topic covered in the competency guides. Pencil and paper and online exam formats are offered. They typically are proctored on campus at the end of a course by faculty. Certificates: The NRAEF provides a certificate to students upon successfully passing each exam. The certificates are endorsed by the NRAEF and feature the student’s name and the exam passed. The certificates are a lasting recognition of a student’s accomplishment and a signal to the industry that the student has mastered the competencies covered within a particular topic. Credential: Upon successful completion of five NRAEF ManageFirst Program exams (including three predefined core topics, one foundation topic, and ServSafe Food Safety) a student is awarded the NRAEF ManageFirst Professional (MFP) credential. There is no additional charge for the credential. The program is targeted at the academic community. The program is flexible for use at two-year or four-year restaurant, foodservice and hospitality programs, proprietary schools and technical/vocational career education schools.

If you are interesting in purchasing managefirst for your organization and you are NOT affiliated with a school or university, please email managefirst@pearson.com so we can have someone from our business and industry group contact you directly.

Product Details

ISBN-13:
9780132283410
Publisher:
Prentice Hall
Publication date:
02/08/2006
Series:
NRAEF ManageFirst Program Series
Edition description:
1ST
Pages:
112
Product dimensions:
8.49(w) x 10.74(h) x 0.18(d)

Table of Contents

Chapter 1 Managing Cash at the Operation

· The Importance of Monitoring

· Calculating Guest Checks

· Processing Payment from Guests

· Cash Register Reconciliation

· Preparing Bank Deposits

Chapter 2 Managing Payables and Receivables

· Accounts Payable

· Accounts Receivable

Chapter 3 Exploring Costs

· Controllable and Noncontrollable Costs

· Fixed, Variable, and Semivariable Costs

Chapter 4 Preparing the Operating Budget

· What Is an Operating Budget

· Forecasting Sales Revenue

· Forecasting Costs

· Putting It All Together

Chapter 5 The Profit and Loss Report

· What is a Profit and Loss Report?

· Preparing Profit and Loss Reports

· Analyzing Profit and Loss Reports

Chapter 6 Introduction to Cost Control

· The Cost Control Process

· A Closer Look at Costs

Chapter 7 The Capital Budget

· What is a Capital Budget

· Preparing a Capital Budget

· Outlining Capital Spending Plans and Timelines

Field Project

Index

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