Hospitality industry accounting

Part 1 of ebook "Accounting and financial management: Developments in the international hospitality industry" provides readers with contents including: performance management; information management; performance measurement in independent hotels; productivity in the hospitality industry, how to measure productivity and improve process management; developing a benchmarking methodology for the hotel industry;...

319p tuongnhuoclan 27-11-2023 5 5   Download

Continued part 1, part 2 of ebook "Accounting and financial management: Developments in the international hospitality industry" provides readers with contents including: asset management; hotel asset management; a management accounting perspective on hotel outsourcing; sale and leaseback transactions in the hospitality industry; hospitality firm risk determinants and value enhancement; career directions in financial management in the hospitality industry;...

176p tuongnhuoclan 27-11-2023 6 4   Download

Ebook "Hospitality financial accounting" gives a complete introduction to financial accounting principles and demonstrates how to apply them to all facets of the hospitality industry. Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second Edition covers the basics of financial accounting first and then shows hospitality students how to analyze financial statements and deal with the daily issues they will face on the job.

547p mocthanhdao0210 19-11-2023 4 4   Download

Part 1 of ebook "Basic management accounting for the hospitality industry" provides readers with contents including: introduction to management accounting; the balance sheet; the profit and loss account statement; adjustments to the balance sheet and the profit and loss account; the cash flow statement (also called the statement of cash flow); analyzing financial statements; ratio analysis and types of ratios; management of working capital;...

165p hanlinhchi 28-08-2023 7 4   Download

Continued part 1, part 2 of ebook "Basic management accounting for the hospitality industry" provides readers with contents including: cost management; pricing and revenue management; cost-volume-profit analysis; internal control; forecasting; budgeting and variance analysis; capital investment decisions; nature and limitations of forecasting; special characteristics of the hospitality industry from an internal control perspective;...

216p hanlinhchi 28-08-2023 7 4   Download

Part 1 of ebook "Accounting and financial analysis in the hospitality industry" presents the following content: introduction to numbers, accounting, and financial analysis; foundations of financial analysis; accounting department organization and operations; the profit and loss (P&L) statement; the balance sheet (A&L) and statement of cash flow;...

166p damtuyetha 09-01-2023 10 2   Download

Continued part 1, part 2 of ebook "Accounting and financial analysis in the hospitality industry" presents the following content: comparison reports and financial analysis; forecasting - a very important management tool; budgets; corporate annual reports; personal financial literacy;...

144p damtuyetha 09-01-2023 12 2   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 2 - Accounting fundamentals review. This chapter is a review of some accounting fundamentals that must be understood before you can begin to actually study managerial accounting. It can be helpful even if you have recently completed one or more introductions to accounting courses.

45p runordie9 27-09-2022 11 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 3 - The income statement. In this chapter you will learn why the income statement is so important to all those who will typically review and analyze it. You will also see why it is so critical for the manager who is actually operating the business to be able to read and correctly analyze and interpret the income statement.

56p runordie9 27-09-2022 12 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 4 - The balance sheet. In this chapter you will learn why owners, investors, lenders, and managers all must know how to read and understand a balance sheet. You will also learn how accountants prepare a balance sheet and, most important, how managerial accountants evaluate the information contained in a balance sheet using vertical and horizontal analysis techniques.

45p runordie9 27-09-2022 10 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 5 - The statement of cash flows. In this chapter you will learn about the Statement of Cash Flows (SCF). The SCF is a report that tells its readers about increases (inflows) and decreases (outflows) of cash of a business during a specific accounting period.

46p runordie9 27-09-2022 11 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 1 - Hospitality industry accounting. In this chapter, you will review some important ways in which the hospitality industry is unique. You will also learn the definition of accounting and how accounting helps managers like you use financial information to make good decisions.

25p runordie9 27-09-2022 11 2   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Ratio analysis. Ratio analysis is used to analyze profitability and it is also used to examine, in detail, the asset, liability, and owners’ equity positions of a business. In this chapter you will learn how to compute and analyze the ratios used to evaluate each of these three major components of the basic Accounting Formula.

64p runordie9 27-09-2022 11 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 7 - Food and beverage pricing. In this chapter, you will learn about the important relationship between the costs of the products you will sell and the prices you must charge your guests. If your prices are too low, your profits may be too low also.

57p runordie9 27-09-2022 12 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 8 - Revenue management for hotels. In this chapter, you will learn how hoteliers decide what they will charge for the hotel rooms and the other products they sell. You will discover that hotels typically offer their guests a variety of room rates depending upon the specific characteristics of the rooms sold and the guests to whom the rooms are sold.

55p runordie9 27-09-2022 10 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 9 - Managerial accounting for costs. This chapter will teach you how to recognize the different types or categories of costs that managerial accountants consider when they analyze the total costs incurred by a hospitality business. The most important of these various types include fixed, variable, step, mixed, direct, indirect, controllable, and non-controllable costs.

59p runordie9 27-09-2022 12 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 10 - Forecasting in the hospitality industry. In this chapter, you will learn how managerial accountants can accurately forecast revenues as well as how they utilize this information to maximize profit and increase operational efficiency.

47p runordie9 27-09-2022 14 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Budgeting and internal controls. In this chapter you will learn about the variety of ways hospitality managers utilize budgets and the budgeting process to better operate their businesses. In fact, as you will discover, managers most often prepare not one, but several types of budgets. You will learn about the various types of budgets most hospitality operators prepare and why they develop them.

72p runordie9 27-09-2022 12 3   Download

Lecture Managerial Accounting for the hospitality industry: Chapter 12 - Capital investment, leasing, and taxation. In this chapter, you will learn how owners and investors determine which businesses are worthy of their capital investment. While it may not be possible to predict with 100% accuracy the chances of a specific business becoming a financial success, it is true that knowledge is power.

57p runordie9 27-09-2022 14 3   Download

Ebook International dictionary of hospitality management present the content: this dictionary is a landmark book in several ways. First, it is the first ever published extended dictionary that is entirely devoted to the domain of hospitality management. Second, it is a comprehensive work that is comprised of entries relevant to the major sectors of the hospitality industry including lodging, foodservice, events, clubs, and timeshare.

337p ngdoanhanh 21-08-2020 43 1   Download