Synopses & Reviews
This introductory accounting textbook accentuates the interrelationship between business principles and accounting. Information presented is based on the most recent uniform systems of accounting for hotels and restaurants. It uses computerized general ledger accounting as the basis for processing financial data. The text also contains several introductory managerial accounting chapters. This edition includes new information on the role of accounting in successful business decision making, fair value accounting, feasibility studies, and buying a franchise. Two new chapters cover depreciation and amortization and business math for hospitality managers.
About the Author
About the Educational Institute
We Train The Best!
The American Hotel and Lodging Educational Institute (AHLEI) is the premier source for delivering quality hospitality education, training and professional certification that serves the needs of hospitality schools and industries worldwide.
The AHLEI meets and exceed its education and training mission by providing materials for all levels of hospitality personnel via: online learning, distance learning courses, videos, seminars, textbooks, and study guides.
Professional certification from the AHLEI is the ultimate distinction of professional excellence for the hospitality industry. It certifies and validates competencies in conjunction with academia and industry experts for over 35 positions in the hospitality industry; designations from front-line to general manager, including the prestigious CHA - the Certified Hotel Administrator.
Table of Contents
Accounting: A Management Resource
Business Formation: Important Decisions
Survey of Financial Statements
Exploring the Balance Sheet
Exploring the Income Statement
The Bookkeeping Process
Computerized Accounting System: An Introduction
Computerized Accounting Cycle: A Demonstration
Restaurant Accounting and Financial Analysis
Hotel Accounting and Financial Analysis
Depreciation and Amortization Methods
How to Analyze Hospitality Financial Statements
Annual Report to Shareholders
Credit and Debit Cards
Introduction to Budgeting and Forecasting
Internal Control of Cash
Business Math Topics for Hospitality Managers