Hospitality Management Accounting introduces students to managerial accounting concepts, and each concept is applied for use within the hospitality industry. This text focuses on practical decision-making and financial management skills while covering topics such as financial statement analysis, cash flows, cost-volume-profit analysis, pricing methods, budgeting, variance analysis, capital budgeting, and business strategy for hospitality operations.
AME Engage™
Hospitality Management Accounting also comes with an optional, online companion platform that includes:
- Quizzes and homework
- Digital textbook and workbook access
- Accounting practice tools
- Interactive assignments
Chapter 1: Financial Statements in Management Accounting
Chapter 2: The Statement of Cash Flows
Chapter 3: Financial Statement Analysis
Chapter 4: Introduction to Costs
Chapter 5: Cost-Volume-Profit Analysis
Chapter 6: Pricing Methods
Chapter 7: Forecasting and Budgeting
Chapter 8: Flexible Budgeting and Variance Analysis
Chapter 9: Capital Budgeting
Chapter 10: Relevant Costs and Business Strategies