Hospitality Management Accounting

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.