Accounting and Financial Analysis in the Hospitality Industry
ISBN: 9780132458665 | 0132458667
Edition: 1stFormat: Paperback
Publisher: Prentice Hall
Pub. Date: 2/16/2010
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For courses in Hospitality Managerial Accounting.This book explains how to use numbers and fundamental accounting to operate a successful hospitality department or business. Focusing on the basics, sections progress from accounting and financial analysis to financial statements and management reports to budgeting and forecasting. Throughout the book current hospitality examples, photographs and illustrations are used. This edition includes the latest from theUniform System of Accounts for the Lodging Industry, Tenth Revised Edition, expanded ma... MORE
PART I: CREATING A FOUNDATION
1. Introduction to Numbers, Accounting, and Financial Analysis
2. Foundations of Financial Analysis
3. Accounting Department Organization and Operations
PART II: FINANCIAL STATEMENTS AND MANAGEMENT REPORTS
4. ... MORE
5. The Balance Sheet ( A&L) and Statement of Cash Flow
6. Hotel Management Reports
7. Revenue Management
8. Comparison Reports and Financial Analysis
PART III: BUDGETS AND FORECASTS
9. Budgets
10. Forecasting–A Very Important Management Tool
PART IV: OTHER FINANCIAL INFORMATION
11. Corporate Annual Reports
12. Personal Financial Literacy
GLOSSARY
INDEX
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