Basic Management Accounting for the Hospitality Industry
eBook - PDF

Basic Management Accounting for the Hospitality Industry

Michael Chibili

  1. 380 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

Basic Management Accounting for the Hospitality Industry

Michael Chibili

Book details
Book preview
Table of contents
Citations

About This Book

Basic Management Accounting for the Hospitality Industry uses a step by step approach to enablestudents to independently master the field.

This second edition contains many new themes and developments, including:

  • the essence of the International Financial Reporting Standards (IFRS)
  • integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)
  • the extension of price elasticity of demand, and addition of income and cross elasticities
  • the addition of break-even time (BET) as an additional method of analysing capital investments

Up-to-date and comprehensive coverage, this textbookis essential reading for hospitality management students. Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl

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Information

Publisher
Routledge
Year
2019
ISBN
9781000035759
Introduction 
to
management 
accounting
1.1
Setting 
the 
scene
1.2
Understanding 
the 
hospitality 
industry
Information 
is 
very 
important 
for 
the 
management 
process 
and
accounting 
is 
one 
of 
the 
main 
information 
systems 
that 
can 
be 
found
in 
an 
organization. 
It 
is 
as 
such 
necessary 
that 
managers 
within 
an
organization 
obtain 
basic 
understanding 
of 
accounting 
for 
them 
to
be 
able 
to 
effectively 
and 
responsibly 
carry 
out 
their 
management
functions. 
The 
information 
needs 
to 
come 
from 
all 
the 
areas 
of 
their
management 
activities 
as 
well 
as 
used 
in 
all 
the 
related 
areas. 
Section
1.1 
sets 
the 
scene: 
by 
showing 
how 
information 
is 
generated 
and 
used
within 
an 
organization; 
by 
differentiating 
management 
from 
financial
accounting; 
by 
introducing 
the 
basic 
principles 
of 
accounting; 
and 
by
introducing 
the 
management 
accounting 
process. 
In 
Section 
1.2 
the
hospitality 
industry 
is 
introduced 
with 
the 
aim 
of 
highlighting 
some
of 
its 
special 
characteristics 
as 
well 
as 
how 
it 
is 
organized.
15
1
© 
Noordhoff 
Uitgevers 
bv

Table of contents

Citation styles for Basic Management Accounting for the Hospitality Industry

APA 6 Citation

Chibili, M. (2019). Basic Management Accounting for the Hospitality Industry (2nd ed.). Taylor and Francis. Retrieved from https://www.perlego.com/book/1323860/basic-management-accounting-for-the-hospitality-industry-pdf (Original work published 2019)

Chicago Citation

Chibili, Michael. (2019) 2019. Basic Management Accounting for the Hospitality Industry. 2nd ed. Taylor and Francis. https://www.perlego.com/book/1323860/basic-management-accounting-for-the-hospitality-industry-pdf.

Harvard Citation

Chibili, M. (2019) Basic Management Accounting for the Hospitality Industry. 2nd edn. Taylor and Francis. Available at: https://www.perlego.com/book/1323860/basic-management-accounting-for-the-hospitality-industry-pdf (Accessed: 14 October 2022).

MLA 7 Citation

Chibili, Michael. Basic Management Accounting for the Hospitality Industry. 2nd ed. Taylor and Francis, 2019. Web. 14 Oct. 2022.