Hospitality Industry Managerial Accounting, Sixth edition includes everything readers will need to gain a clear understanding of managerial accounting in a hospitality setting.

This edition has been updated to reflect the latest edition of the Uniform System of Accounts for the Lodging Industry.

Chapters reflect new tax laws and the impact of the Sarbanes-Oxley Act, as well as the results of new survey research on updated practices in capital budgeting and leasing. Samples of actual statements and forms from hospitality organizations and new practice problems in every chapter give readers valuable hands-on experience.

Contents:

1. Introduction to Managerial Accounting
2. The Balance Sheet
3. The Income Statement
4. The Statement of Cash Flows
5. Ratio Analysis
6. Basic Cost Concepts
7. Cost-Volume-Profit Analysis
8. Cost Approaches to Pricing
9. Forecasting Methods
10. Operations Budgeting
11. Cash Management
12. Internal Control
13. Capital Budgeting
14. Lease Accounting
15. Income Taxes

Index

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