The book gives practical instruction and guidance in the use of accounting for effective control and higher
profit in hotel and catering operations. The author covers all aspects of the subject, setting arguments and examples in a real context. The second edition has been considerably enlarged, revised and updated, with new chapters on profit sensitivity analysis, financial statement analysis and analysis of departmental profitability.
By:
Richard Kotas Imprint: Spon Press Country of Publication: United Kingdom Edition: International 2 Revised ed Dimensions:
Height: 229mm,
Width: 152mm,
Spine: 18mm
Weight: 640g ISBN:9780751401103 ISBN 10: 0751401102 Pages: 348 Publication Date:01 February 1991 Audience:
College/higher education
,
Professional and scholarly
,
Primary
,
Undergraduate
Replaced By: 9781861524904 Format:Paperback Publisher's Status: Active
Orientation. The accounting framework. Basic cost concepts. Sales-cost-profit relationships. Break-even analysis.Introduction to decision accounting. Introduction to pricing. Pricing: some practical applications. Profitability. Profit sensitivity analysis. Budgetary control. Varianceanalysis. Food cost control. Beverage cost control. Accounting and operating ratios. Financial statement analysis. Analysis of departmental profitability. The managementof working capital. Assessment of capital projects. Appendix (DCF tables). References. Index.
Richard Kotas
Reviews for Management Accounting for Hotels and Restaurants
A book to be read and studied and used again and again for reference - HCIMA