Accounting Essentials for Hospitality Managers 3rd 3E by Chris Guilding

 Accounting Essentials for Hospitality Managers 3rd 3E by Chris Guilding

 

Title:	Accounting Essentials for Hospitality Managers
Author(s):	Chris Guilding
Edition:	3
Year:	2014
ISBN-13:	9780415841092 (978-0-415-84109-2)
ISBN-10:	0415841097 (0-415-84109-7)

 

For non-accountant hospitality managers, accounting and financial management is often perceived as an inaccessible part of the business. Yet having a grasp of accounting basics is a key part of  management. Using an 'easy to read' style, this book provides a comprehensive overview of the most relevant accounting information for hospitality managers. It demonstrates how to organise and analyse accounting data to help make informed decisions with confidence.

With its highly practical approach, this new Edition:

• Quickly develops the reader's ability to adeptly use and interpret accounting information to further organisational decision making and control
• Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base
• Develops mastery of key accounting concepts through financial decision making cases that take a hospitality manager's perspective on business issues
• Presents accounting  problems in the context of a range of countries and currencies
• Includes a new chapter that addresses a range of financial management topics that include share market workings, agency issues, dividend policy as well as operating and financial leverage
• Includes a further new chapter that provides a financial perspective on revenue management
• Includes accounting problems at the end of each chapter to be used to test knowledge and apply understanding to real life situations
• Offers extensive web support for instructors and students that includes powerpoint slides, solutions to end of chapter problems, test bank and additional exercises.

 

 Accounting Essentials for Hospitality Managers 3rd 3E by Chris Guilding 

 

Table of Contents

1. Introduction: Hospitality Decision Makers’ Use of Accounting  2. Analysing Transactions and Preparing Year End Financial Statements  3. Double Entry Accounting  4. Adjusting and Closing Entries  5. Financial Statement Analysis  6. Internal Control  7. Cost Management Issues  8. Cost-Volume-Profit Analysis  9. Budgeting and Responsibility Accounting  10. Flexible Budgeting and Variance Analysis  11. Performance Measurement  12. Cost Information and Pricing  13. Working Capital Management  14.  Investment Decision Making  15. Other Managerial Finance Issues   16. Revenue Management

 Accounting Essentials for Hospitality Managers 3rd 3E by Chris Guilding