Product Description
A textbook for students of management accounting in hospitality programmes, this work teaches the basics of managerial accounting from the perspective of the hospitality industry. It features: discussion of ethics in each chapter; examples and analysis of real financial statements from hospitality companies; material on yield management and menu engineering; and information on computer applications. Supplements include an Instructor's Manual, Test Bank Generator software and a Student Study Guide.
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. --This text refers to an out of print or unavailable edition of this title.