Accounting Essentials for Hospitality Managers

For non-accountant hospitality managers, accounting and financial management is often perceived as an inaccessible part of the business. Yet having a grasp of accounting basics is a key part of management. Using an easy-to-read style, this book provides a comprehensive overview of the most relevant accounting techniques and information for hospitality managers. It demonstrates how to organise and analyse accounting data to help make informed decisions with confidence.

With its highly practical approach, this new fourth edition:

• Quickly develops the reader''s ability to adeptly use and interpret accounting information to enhance organisational decision-making and control.
• Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base.
• Presents new accounting problems in the context of a range of countries and currencies throughout.
• Develops mas