Hospitality Financial Accounting
Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second Edition covers the basics of financial accounting and then walks you through analyzing financial statements and dealing with the daily issues you’ll face on the job. In this Second Edition, the authors have provided engaging new coverage and features that includes new case studies, an expanded section on ethics, new “Accounting in Action” vignettes, applied exercises, and...
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The ultimate resource for Linking financial accounting principles to real-world applications in hospitality— now in a new editionAs the hospitality field continues to grow and diversify, today's hospitality professionals need to understand financial accounting at a higher level than ever before. Written by some of the most respected authors in accounting, Hospitality Financial Accounting, Second Edition gives a complete introduction to financial accounting principles and demonstrates how to apply them to all facets of the hospitality industry.Updated with the latest developments in the accounting and hospitality fields, Hospitality Financial Accounting, Second Edition covers the basics of financial accounting and then shows readers how to analyze financial statements and deal with the daily issues they will face on the job. In this Second Edition, the authors have provided engaging new coverage and features including:A dedicated chapter on financial statement analysisThe PepsiCo Inc. 2006 Annual Report, which illustrates key concepts using real-world financial statements New case studies covering a variety of hospitality enterprises doing business todayView of the hospitality industry expanded to such businesses as casinos, spas, and purveyorsAn expanded section on ethics with real-world cases New "Accounting in Action" vignettes from hospitality and online companies that support the concepts being discussed Applied exercises that demonstrate the relevance of accounting to hospitality businessesAppendices that discuss subsidiary ledgers and special journalsComprehensive in scope, vibrant with real-world detail, reader-friendly, and accessible, Hospitality Financial Accounting, Second Edition is a key resource for anyone preparing for a career as a hospitality professional.
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To the Instructor1Hospitality Accounting in Action12Accounting Principles343The Recording Process744Adjusting the Accounts1105Completion of the Accounting Cycle1426Subsidiary Ledgers and Special Journals1747Accounting for Merchandising Operations in Hospitality1988The Statement of Cash Flows2249Payroll27210Inventories, Cost Calculations, and Internal Controls29811Accounting for Receivables and Payables35012Long-Term and Intangible Assets38213Sole Proprietorships, Partnerships, and Corporations412AppSpecimen Financial Statements: Hilton Hotels Corporation457
