Accounting Essentials for Hospitality Managers
Published February 26th 2009 by Routledge – 360 pages
For non-accountant hospitality managers, accounting and financial management is often perceived as an inaccessible part of the business, yet understanding is crucial for success. Using an ‘easy to read’ style, this book provides a comprehensive overview of the most relevant accounting information for managers. It demonstrates how to organize and analyze accounting data to help make informed decisions with confidence.With its highly practical approach, this book:
1. Introduction 2. Analysing Transactions and Preparing Year End Financial Statements 3. Double Entry Accounting 4. Adjusting and Closing Entries 5. Internal Control 6. Cost Management Issues 7. Cost-Volume-Profit Analysis 8. Budgeting and Responsibility Accounting 9. Flexible Budgeting and Variance Analysis 10. Performance Measurement 11. Cost Information and Pricing 12. Working Capital Management 13.Investment Decision Making
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