Accounting and financial analysis in the hospitality industry
Author(s)
Bibliographic Information
Accounting and financial analysis in the hospitality industry
（Hospitality management essentials series）
Prentice Hall, c2011
- : pbk
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Note
Includes index
Description and Table of Contents
Description
ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY, 1/e 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 material on Department Profit and Loss Statements, coverage of the 2009 recession and new practice exercises throughout. MARKET: For courses in Hospitality Managerial Accounting.
Table of Contents
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. The Profit and Loss Statement ( P & L)
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
by "Nielsen BookData"
