Hospitality Management Accounting

The updated, cornerstone resource on managerial accounting for hospitality businesses

The success of every business in the hospitality industry depends on maximizing revenues and minimizing costs. Hospitality Management Accounting, Ninth Edition continues its time-tested presentation of fundamental concepts and analytical techniques that are essential to taking control of real-world accounting systems, evaluating current and past operations, and effectively managing finances toward increased profits.

Hospitality Management Accounting, Ninth Edition continues to define managerial accounting with new features, such as:

• Detailed and consolidated coverage of straight-line, units-of-production, sum-of-the-year’s-digits, and double-declining-balance depreciation methods
• Updated material on inventory control methods, with emphasis on perpetual inventory
• A sequential presentation of statement of cash flows and working capital
• New end-of-chapter exercises and problems

Hospitality Management Accounting, Ninth Edition offers hands-on coverage of computer applications and practical decision-making skills to successfully prepare readers for the increasingly complex and competitive hospitality industry.