Managerial Accounting for the Hospitality Industry by Lea R. Dopson (English) Pa

Description: FREE SHIPPING UK WIDE Managerial Accounting for the Hospitality Industry by Lea R. Dopson, David K. Hayes Revised edition of the authors Managerial accounting for the hospitality industry, c2009. FORMAT Paperback LANGUAGE English CONDITION Brand New Publisher Description Following a successful debut edition, this new Second Edition of Managerial Accounting for the Hospitality Industry builds on its strengths of clear organization and the ease with which students work through it. This new edition includes more basic math support for students and a more developed inclusion of ethical considerations and global changes both in accounting systems and in the hospitality industry. Author Biography Lea R. Dopson is Dean and James A. Collins Distinguished Chair of The Collins College of Hospitality Management at Cal Poly Pomona. Previously, she was Department Chair of Hospitality and Tourism Management at the University of North Texas, and she taught at Cal Poly Pomona, the University of Houston, and Texas Tech University. Dr. Dopson holds an Ed.D. from the University of Houston, and an MBA and BS in Restaurant, Hotel, and Institutional Management from Texas Tech University. Her areas of teaching include hos-pitality managerial accounting, hospitality finance, and food and beverage cost controls. She has published in a variety of journals and has presented her research at numerous conferences. She has also co-authored with David Hayes, Food and Beverage Cost Control, published by John Wiley & Sons, which is presently in its sixth edition. Dr. Dopson has an ardent interest in international education, as is demonstrated by her creation of a MS in International Sustainable Tourism joint degree between the University of North Texas and Centro Agronómico Tropical de Investigación y Enseñanza (CATIE), Costa Rica. Also, Dr. Dopson lived 9 months in Zimbabwe, Africa, developing a degree program in interna-tional hospitality and tourism. In addition to her academic career, she has held various unit and corporate hospitality management positions with Texas Tech Foodservice, Sheraton Hotels, and Bristol Hotels. David K. Hayes earned his Ph.D. in Education from Purdue University, as well as MS and BS degrees in Hotel and Restaurant Management. He held faculty positions at Purdue University, Texas Tech University, and the University of Houston. At Texas Tech University, he founded the Restaurant Hotel and Institutional Management (RHIM) program and served as Chair of the Department of Nutrition, Education and Restaurant/Hotel Management. Dr. Hayes was Vice President of the Educational Institute (E.I.) of the American Hotel & Lodging Association (AH&LA) and was responsible for the develop-ment of industry training programs utilizing advanced technology delivery systems. An industry practitioner as well as academician, he was the Owner/General Manager of the full-service Clarion Hotel and Conference Center in Lansing, Michigan. An accomplished author, his scholarly articles have appeared in The Cornell Quarterly. He has written 12 books, including texts translated into Spanish, Japanese, Chinese, Portuguese, and Croatian. He is now a full-time author who divides his professional writing and industry advising activities between offices in Okemos, Michigan and Gulfport, Mississippi. Table of Contents About the Authors iii Preface ix 1 Hospitality Industry Accounting 1 Unique Aspects of the Hospitality Industry 1 The Purpose of Accounting in the Hospitality Industry 3 Branches of Accounting 5 Why Hospitality Managers Use Managerial Accounting 11 The Uniform System of Accounts 13 Ethics and Hospitality Accounting 15 Apply What You Have Learned 19 Key Terms and Concepts 20 Test Your Skills 20 2 Accounting Fundamentals Review 24 Bookkeeping and Accounting 24 The Accounting Equation 26 Recording Changes to the Accounting Equation 27 Generally Accepted Accounting Principles 37 The Hospitality Business Cycle 48 Apply What You Have Learned 52 Key Terms and Concepts 52 Test Your Skills 53 3 The Income Statement 58 The Purpose of the Income Statement 58 Income Statement Preparation 63 Income Statement Analysis 83 Apply What You Have Learned 104 Key Terms and Concepts 104 Test Your Skills 105 4 The Balance Sheet 113 The Purpose of a Balance Sheet 113 Balance Sheet Formats 119 Components of the Balance Sheet 126 Balance Sheet Analysis 138 Apply What You Have Learned 144 Key Terms and Concepts 145 Test Your Skills 145 5 The Statement of Cash Flows 156 Understanding Cash Flows 157 The Purpose of the Statement of Cash Flows (SCF) 158 Sources and Uses of Funds 160 Creating the Statement of Cash Flows 167 Statement of Cash Flows Analysis 182 Apply What You Have Learned 185 Key Terms and Concepts 186 Test Your Skills 186 6 Ratio Analysis 196 Purpose and Value of Ratios 197 Types of Ratios 200 Comparative Analysis of Ratios 243 Ratio Analysis Limitations 245 Apply What You Have Learned 247 Key Terms and Concepts 247 Test Your Skills 248 7 Food and Beverage Pricing 258 Factors Affecting Menu Pricing 258 Assigning Menu Prices 262 Menu Price Analysis 269 Apply What You Have Learned 287 Key Terms and Concepts 287 Test Your Skills 288 8 Budgeting and Internal Controls 402 Importance of Budgets 403 Types of Budgets 405 Operations Budget Essentials 408 Developing an Operations Budget 409 Monitoring an Operations Budget 417 Cash Budgeting 427 Managing Budgets through Internal Control 434 Apply What You Have Learned 439 Key Terms and Concepts 440 Test Your Skills 440 9 Forecasting in the Hospitality Industry 373 The Importance of Accurate Forecasts 374 Forecast Methodology 376 Utilizing Trend Lines in Forecasting 393 Apply What You Have Learned 396 Key Terms and Concepts 397 Test Your Skills 397 10 Managerial Accounting for Costs 334 The Concept of Cost 334 Types of Costs 336 Cost/Volume/Profit Analysis 354 Apply What You Have Learned 362 Key Terms and Concepts 363 Test Your Skills 363 11 Revenue Management for Hotels 294 Establishing Room Rates 294 Revenue Management 307 Non-Room Revenue 320 Apply What You Have Learned 324 Key Terms and Concepts 324 Test Your Skills 325 12 Capital Investment, Leasing, and Taxation 450 Capital Budgeting 451 Capital Investment 454 Financing Alternatives 467 Taxation 475 Apply What You Have Learned 483 Key Terms and Concepts 484 Test Your Skills 484 Index 493 Details ISBN1119299659 Author David K. Hayes Language English Edition 2nd ISBN-10 1119299659 ISBN-13 9781119299653 Format Paperback Pages 528 Country of Publication United States NZ Release Date 2016-12-01 UK Release Date 2016-12-01 Publisher John Wiley & Sons Inc Imprint John Wiley & Sons Inc Place of Publication New York Replaces 9780471723370 Edition Description 2nd edition DEWEY 647.940681 Audience Tertiary & Higher Education AU Release Date 2016-11-13 Year 2024 Publication Date 2024-09-19 US Release Date 2024-09-19 We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! 30 DAY RETURN POLICY No questions asked, 30 day returns! FREE DELIVERY No matter where you are in the UK, delivery is free. SECURE PAYMENT Peace of mind by paying through PayPal and eBay Buyer Protection TheNile_Item_ID:124696056;

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