Jonathan A. Hales

Accounting and Financial Analysis in the Hospitality Industry (Butterworth-Heinemann Hospitality Management Series)

0750678968
Книгопечатная продукция

Book DescriptionThe objective of this textbook is to teach students to be conversational in speaking numbers. This means understanding fundamental accounting concepts, developing solid financial analysis abilities, and then applying them to understand and improve the operational performance of their hotel or restaurant. The book will accomplish this by studying the current practices of some of todays leading hotel and restaurant companies. Chapters will be developed under the auspices of a select group of hospitality industry General Mangers, Directors of Finance, and Regional Accounting Managers to ensure that the information is current, accurate and useful. Understanding and applying the information will be the main focus of this book.
Thistextbook should provide hospitality managers the knowledge and experience to be comfortable in using numbers to operate their departments. This includes developing the ability to perform all accounting and financial aspects of their position efficientlyand correctly including revenue forecasting, wage scheduling, budgeting, P&L critiques, purchasing procedures and cost control methods. As a result, they will have more time to spend on the floor with their customers and employees. This knowledge willhelp them understand their operations and how to improve, change or expand them to increase revenues or profits.

* Introduces the fundamentals of hospitality accounting from an applied perspective with real industry examples
* Developed under supervision of industry experts
* Incorporates career success model to place subject in a larger context for students

Посмотрите также...

Understanding Accounts

Learn how to understand financial terms and documents and read and interpret company accounts. "Understanding Accounts" not only explains the functions of the profit and loss account, the balance sheet, and the cash flow statement and forecast ......