Accounting essentials for hospitality managers /
Chris Guilding
- Second edition.
- Oxford, United Kingdom : Butterworth Heinemann ; c2009
- xv, 347 pages : illustrations ; 24 cm.
Includes index.
1. Introduction: Hospitality Decision Makers' Use of Accounting -- 2. Analysing Transactions and Preparing Year End Financial Statements -- 3. Double Entry Accounting -- 4. Adjusting and Closing Entries -- 5. Internal Control -- 6. Cost Management Issues -- 7. Cost-Volume-Profit Analysis -- 8. Budgeting and Responsibility Accounting -- 9. Flexible Budgeting and Variance Analysis -- 10. Performance Measurement -- 11. Cost Information and Pricing -- 12. Working Capital Management -- 13.Investment Decision Making.
Outlines the procedure behind various financial activities - including budgeting, year-end financial statement analysis, double-entry accounting, working capital management, and investment decision making. This book demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base.