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Hospitality Finance and Accounting provides a uniquely concise,
accessible and comprehensive introduction to hospitality, finance
and accounting from a managerial perspective. By avoiding
unnecessary jargon and focusing on the essentials, this book offers
a crucial breakdown of this often overly-complex subject area. The
concise chapters cover the essential concepts, ideas and formulas
to be mastered within the hospitality industry including income
statements, balance sheets, pricing and budgeting. Each chapter is
split into two sections: theory and practice, giving students
practical insight into the everyday realities of the hospitality
industry through case studies which show how theories are applied
to a range of relevant scenarios. Emphasis is placed particularly
on the practices of revenue and budget management within the food
and beverage industry. This will be an essential introductory yet
practical resource for all Hospitality students and future managers
within the industry.
Hospitality Finance and Accounting provides a uniquely concise,
accessible and comprehensive introduction to hospitality, finance
and accounting from a managerial perspective. By avoiding
unnecessary jargon and focusing on the essentials, this book offers
a crucial breakdown of this often overly-complex subject area. The
concise chapters cover the essential concepts, ideas and formulas
to be mastered within the hospitality industry including income
statements, balance sheets, pricing and budgeting. Each chapter is
split into two sections: theory and practice, giving students
practical insight into the everyday realities of the hospitality
industry through case studies which show how theories are applied
to a range of relevant scenarios. Emphasis is placed particularly
on the practices of revenue and budget management within the food
and beverage industry. This will be an essential introductory yet
practical resource for all Hospitality students and future managers
within the industry.
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