Hospitality Financial Accounting

Hospitality Financial Accounting, Second Edition is the ultimate resource for understanding the principles of financial accounting and learning to apply these principles to real-world hospitality management. Combined with a full-color package and robust pedagogical framework, this Second Edition builds on the first edition's success.

Klappentext:

The ultimate resource for Linking financial accounting principles to real-world applications in hospitality- now in a new editionAs the hospitality field continues to grow and diversify, today's hospitality professionals need to understand financial accounting at a higher level than ever before. Written by some of the most respected authors in accounting, Hospitality Financial Accounting, Second Edition gives a complete introduction to financial accounting principles and demonstrates how to apply them to all facets of the hospitality industry.Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second Edition covers the basics of financial accounting and then shows readers how to analyze financial statements and deal with the daily issues they will face on the job. In this Second Edition, the authors have provided engaging new coverage and features including:_A dedicated chapter on financial statement analysis_The PepsiCo Inc. 2006 Annual Report, which illustrates key concepts using real-world financial statements_New case studies covering a variety of hospitality enterprises doing business today_View of the hospitality industry expanded to such businesses as casinos, spas, and purveyors_An expanded section on ethics with real-world cases_New "Accounting in Action" vignettes from hospitality and online companies that support the concepts being discussed_Applied exercises that demonstrate the relevance of accounting to hospitality businesses_Appendices that discuss subsidiary ledgers and special journalsComprehensive in scope, vibrant with real-world detail, reader-friendly, and accessible, Hospitality Financial Accounting, Second Edition is a key resource for anyone preparing for a career as a hospitality professional.

Inhaltsverzeichnis:

Chapter 1. Hospitality Accounting in Action.Chapter 2. Accounting Principles.Chapter 3. The Recording Process.Chapter 4. Adjusting the Accounts.Chapter 5. Completing the Accounting Cycle.Chapter 6. Financial Statements.Chapter 7. Financial Statement Analysis.Chapter 8. Accounting for Merchandising Operations in Hospitality.Chapter 9. Inventories and Cost of Goods Calculation.Chapter 10. Internal Control and Cash.Chapter 11. Payroll.Chapter 12. Accounting for Receivables and Payables.Chapter 13. Long-term and Intangible Assets.Chapter 14. Sole Proprietorships, Partnerships, and Corporations.APPENDIX A: Specimen Financial Statements.APPENDIX B: Subsidiary Ledgers and Special Journals.