Accounting Essentials for Hospitality Managers

Accounting and financial management is essential for hospitality managers, and this book provides a comprehensive overview of the most relevant techniques and information in an easy-to-read style. It demonstrates how to organize and analyze accounting data to make informed decisions and includes new accounting problems in the context of different countries and currencies. It also offers extensive web support for instructors and students.

Format: Paperback / softback
Length: 380 pages
Publication date: 28 February 2022
Publisher: Taylor & Francis Ltd

Accounting and financial management may seem like an enigmatic realm to non-accountant hospitality managers, but it plays a vital role in effective management. This comprehensive guide, written in a user-friendly style, offers a thorough exploration of the most relevant accounting techniques and information tailored specifically for hospitality managers. By presenting accounting data in a clear and organized manner, the book empowers managers to make informed decisions with confidence.

The fourth edition of this text has been updated to reflect the latest developments in the field. It swiftly builds readers' skills in utilizing and interpreting accounting information to optimize organizational decision-making and control. It demonstrates how a deep understanding of financial reports can propel business strategies forward, grounded in a solid foundation of knowledge. The book presents new accounting problems in diverse contexts, spanning across countries and currencies, fostering a global perspective. Through engaging financial decision-making cases, it develops mastery of key accounting concepts from a hospitality manager's perspective. Each chapter concludes with practical accounting problems, allowing students to test their knowledge and apply their understanding in real-life scenarios.

Furthermore, the book provides extensive web support, including PowerPoint slides, solutions to end-of-chapter problems, a test bank, and additional exercises, to enhance the learning experience for instructors and students alike. Written in an accessible and engaging manner, the book is logically structured with helpful features to aid students in grasping the material and enhancing their understanding. It serves as an indispensable resource for all aspiring hospitality managers seeking to excel in the field of accounting and financial management.

Weight: 790g
Dimension: 174 x 246 x 28 (mm)
ISBN-13: 9781032024325
Edition number: 4 ed