Basic Management Accounting for the Hospitality Industry

2. Auflage 2017
ISBN: 978-90-01-86733-1
Verlag: Taylor & Francis

Buch, Englisch, 380 Seiten, Format (B × H): 174 mm x 246 mm, Gewicht: 700 g

Reihe: Routledge-Noordhoff International Editions

Basic Management Accounting for the Hospitality Industry uses a step by step approach to enable students to independently master the field.

This second edition contains many new themes and developments, including:

- the essence of the International Financial Reporting Standards (IFRS)

- integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)

- the extension of price elasticity of demand, and addition of income and cross elasticities

- the addition of break-even time (BET) as an additional method of analysing capital investments

Up-to-date and comprehensive coverage, this textbook is essential reading for hospitality management students. Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl

Autoren/Hrsg.

Chibili, Michael

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Dienstleistungssektor & Branchen
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Rechnungswesen

Inhaltsverzeichnis

1. Introduction to management accounting 2. The balance sheet 3. The profit and loss account statement 4. Adjustments to the balance sheet and the profit and loss account 5. The cash flow statement (also called the statement of cash flow) 6. Analyzing financial statements 7. Ratio analysis and types of ratios 8. Management of working capital 9. Cost management 10. Pricing and Revenue Management 11. Cost-volume-profit analysis 12. Internal control Forecasting 14. Budgeting and variance analysis 15. Capital investment decisions

Über Autor(innen)

Michael Chibili