Hospitality financial accounting / Jerry J. Weygandt [and three others]

Includes bibliographical references and index.

Chapter 1. Hospitality Accounting in Action -- Chapter 2. Accounting Principles -- Chapter 3. The Recording Process -- Chapter 4. Adjusting the Accounts -- Chapter 5. Completing the Accounting Cycle -- Chapter 6. Financial Statements -- Chapter 7. Financial Statement Analysis -- Chapter 8. Accounting for Merchandising Operations in Hospitality -- Chapter 9. Inventories and Cost of Goods Calculation -- Chapter 10. Internal Control and Cash -- Chapter 11 -- Chapter 12. Accounting for Receivables and Payables -- Chapter 13. Long-term and Intangible Assets -- Chapter 14. Sole Proprietorships, Partnerships, and Corporations.

Hospitality Financial Accounting, Second Edition is the ultimate resource for understanding the principles of financial accounting and learning to apply these principles to real-world hospitality management. Combined with a full-colour package and robust pedagogical framework, this Second Edition builds on the first edition's success. As the hospitality field continues to grow and diversify, today’s hospitality professionals need to understand financial accounting at a higher level than ever before. Written by some of the most respected authors in accounting, Hospitality Financial Accounting, Second Edition gives a complete introduction to financial accounting principles and demonstrates how to apply them to all facets of the hospitality industry. Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second Edition covers the basics of financial accounting first and then shows hospitality students how to analyze financial statements and deal with the daily issues they will face on the job.