Hospitality Management Accounting
Ninth Edition
by Martin G. Jagels
Hospitality Management Accounting, Ninth Edition continues its time-tested presentation of fundamental concepts and analytical techniques that are essential to taking control of real-world accounting systems, evaluating current and past operations, and effectively managing finances toward increased profits.
Hospitality Management Accounting, Ninth Edition continues to define managerial accounting with new features, such as:
- Detailed and consolidated coverage of straight-line, units-of-production, sum-of-the-year's-digits, and double-declining-balance depreciation methods
- Updated material on inventory control methods, with emphasis on perpetual inventory
- A sequential presentation of statement of cash flows and working capital
- New end-of-chapter exercises and problems
Hospitality Management Accounting, Ninth Edition offers hands-on coverage of computer applications and practical decision-making skills to successfully prepare readers for the increasingly complex and competitive hospitality industry.
Contents
- Basic Financial Accounting Review
- Understanding Financial Statements
- Analysis and Interpretation of Financial Statements
- Ratio Analysis
- Internal Control
- The "Bottom Up" Approach to Pricing
- Cost Management
- The Cost-Volume-Profit Approach to Decisions
- Operations Budgeting
- Statement of Cash Flows and Working Capital Analysis
- Cash Management
- The Investment Decision
- Feasibility Studies-An Introduction
- Financial Goals and Information Systems
Glossary
Index