Hospitality management accounting

Format Post in Business and Management BY Martin G. Jagels, Michael M. Coltman

0471092223 Shared By Guest

Hospitality management accounting Martin G. Jagels, Michael M. Coltman is available to download

Hospitality management accounting
Martin G.Hospitality management accounting Textbook Jagels, Michael M. Coltman
Type: eBook
Released: 2003
Publisher: Wiley
Page Count: 626
Format: pdf
Language: English
ISBN-10: 0471092223
ISBN-13: 9780471092223
As the hospitality industry continues to grow and the business environment become ever more competitive, it must become increasingly profit and cost-conscious in order to maximize revenue and minimize costs, all while maintaining the level of service necessary for a successful operation. There is no other hospitality management accounting book on the market that combines essential information, illustrative examples, and useful problems and exercises. From the Back Cover The updated, classic text on managerial accounting for hospitality businesses Every dollar counts in the hospitality industry, which means revenues must be maximized and costs minimized. Hospitality Management Accounting, Eighth Edition, presents the fundamental concepts and analytical techniques required to take control of a real-world accounting system, evaluate the effectiveness of current and past operations, and manage finances effectively toward increased profits. Hospitality Management Accounting, Eighth Edition, continues to define managerial accounting with such features as: A consolidated, in-depth review of the fundamentals of accounting Insight into the analysis and interpretation of financial statements A "bottom-up" approach to pricing Statements of cash flows discussed alongside working capital A cost-volume-profit approach to decision making and cost management Detailed focus on the operating budget and cash budgeting This user-friendly text offers valuable preparation for the increasingly complex and competitive hospitality industry with hands-on coverage of computer applications and ethics situations focused on honing decision-making skills. Packed with accurate, up-to-date case studies, exercises, and problems, this Eighth Edition offers alternative solutions to provide a variety of problem-solving approaches. Hospitality Management Accounting, Eighth Edition, equips hospitality management students with the skills they need to take command of one of the most crucial aspects of managing in today’s hospitality industry.

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