Basic management accounting for the hospitality industry 1st ed.

Author

• Chibii, Michael N.

Additional Author(s)

-

Publisher

New York: Routledge, 2016

Language

English

ISBN

9781138135215

Series

Subject(s)

• HOSPITALITY INDUSTRY-ACCOUNTING
• MANAGEMENT ACCOUNTING
• HOSPITALITY INDUSTRY-MANAGEMENT

Notes

. Bibliography: p. 333-334. Index: p. 351-354

Abstract

Basic Management Accounting for the Hospitality Industry deals with a range of topics: commencing with a basic introduction to management accounting; and ending with capital investment decisions.
The objective of the book is to provide an introduction to the basic management accounting concepts and applications based on Einstein's maxim that 'everything should be made as simple as possible, but no simpler'. This choice of simplification is due to the fact that the level of English used in the text takes into consideration that a good proportion of students in hotel or tourism-related education use English as a second language.
The approach used in the book makes it very comprehensible. It takes the reader clearly and logically through the concepts and applications of hospitality management accounting.

Online extras
Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl

Physical Dimension

Number of Page(s)

354 p.

Dimension

25 cm.

Other Desc.

ill.

Summary / Review / Table of Content

1. Introduction to Management Accounting
2. The Balance Sheet
3. The Profit and Loss Account Statement
4. Adjustments to the Balance Sheet and the Profit and Loss Account
5. The Cash Flow Statement
6. Analyzing Financial Statement
7. Ratio Analysis and Types of Ratios
8. Management of Working Capital
9. Cost Management
10. Pricing and Revenue Management
11. Cost-Volume-Profit Analysis
12. Internal Control
13. Forecasting
14. Budgeting and Variance Analysis
15. Capital Investment Decisions

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	00924/17	657.837 Chi B	Library - 7th Floor	Available