Summary
As the hospitality industry continues to grow and the business environment become ever more competitive, it must become increasingly profit and cost-conscious in order to maximize revenue and minimize costs, all while maintaining the level of service necessary for a successful operation. There is no other hospitality management accounting book on the market that combines essential information, illustrative examples, and useful problems and exercises.
Author Biography
MARTIN G. JAGELS is Professor Emeritus at the College of Hospitality, Retail, and Sport Management at the University of South Carolina in Columbia. <p> L M. COLTMAN was chair of the Department of Hospitality and Tourism Administration at the British Columbia Institute of Technology until his retirement.
Table of Contents
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Chapter 1: Basic Financial Accounting Review. |
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Chapter 2: Understanding Financial Statements. |
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Chapter 3: Analysis and Interpretation of Financial Statements. |
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Chapter 4: Ratio Analysis. |
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Chapter 5: Internal Control. |
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Chapter 6: The Bottom Up Approach to Pricing. |
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Chapter 7: Cost Management. |
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Chapter 8: The Cost-Volume-Profit Approach to Decisions. |
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Chapter 9: Operations Budgeting. |
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Chapter 10: Statement of Cash Flows and Working Capital Analysis. |
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Chapter 11: Cash Management. |
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Chapter 12: Capital Budgeting and the Investment Decision. |
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Chapter 13: Feasibility Studies--An Introduction. |
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Chapter 14: Financial Goals and Information Systems. |
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Appendix: Computers in Hospitality Management. |
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