Hospitality Accounting - Hotel Accounting - Restaurant Accounting - Hospitality Finance - Hospitality Texts -Hospitality Management
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HOTEL AND RESTAURANT ACCOUNTING
New 2011 edition now available 

  • Scope of the text

    Hotel and Restaurant Accounting     is a bona fide hospitality principles and systems text presenting topics such as hotel accounting, restaurant accounting, fast-food accounting, and several introductory managerial accounting chapters.  It is not a glorified accounting text posing as a hospitality accounting text.

    This hospitality industry text is a product of recommendations from hospitality academia and hotel/restaurant industry executives.  The text’s organized content and writing style is easily understandable by students, yet sufficiently comprehensive to provide the vocabulary and financial skills necessary to achieve success.

    The text offers state of the art hospitality accounting; for example, a demonstrative example of computerized general ledger accounting is given full coverage with supporting documents and illustrations.

    Hotel and Restaurant Accounting escalates hospitality accounting into the 21st century; presenting topics such as:

    ·         Specialized accounting topics for hotels, restaurants and fast-food operations
    ·         Forecasting, budgeting, financial analysis
    ·         Credit cards, debit cards, petty cash, bank reconciliation, cashier’s report
    ·         Computer processing procedures that replace  obsolete manual procedures and forms
    ·         Depreciation methods, simple interest, cash discounts, compound/present values
    ·         Governmental agencies and new laws affecting  financial reporting

    FOR TODAY'S REQUIRMENTS OF ACADEMIA AND BUSINESS: Today’s business technology and competitive environment demand much more from hospitality accounting texts than just focusing on the traditional methods of accounting.  It is imperative that accounting is not treated as a glorified bookkeeping course.  Debits and credits, journalizing, and lackluster accounting processes are not enough to meet today’s business and employer standards. Computers, point-of-sale devices, the Internet, and other technology cannot be ignored in the hospitality industry.  It is essential that accounting texts realize and accentuate the interrelationship of business principles and accounting.

     Highlights of the Text
    --- There are 17 Chapters to the text: Scroll down to Table of Contents
    --- Every chapter has a case study:     Scroll down to Case Studies 
    --- Detailed chapter information is available: Scroll down to Representative Chapter Topics
    --- Each chapter concludes with Internet Site references for further topical research and study

    TABLE OF CONTENTS - HRA 
    Chapter
      1   Accounting: A Management Resource

      2   Business Formation: Important Decisions

      3   Survey of Financial Statements

      4   Exploring the Balance Sheet

      5   Exploring the Income Statement

      6   The Bookkeeping Process

      7   Computerized Accounting System: An Introduction

      8   Computerized Accounting Cycle: A Demonstration

      9   Restaurant Accounting and Financial Analysis

    10  Hotel Accounting and Financial Analysis

    11  Depreciation and Amortization Methods

    12  How to Analyze Hospitality Financial Statements

    13  Annual Report to Shareholders

    14  Credit and Debit Cards

    15  Introduction to Budgeting and Forecasting

    16  Internal Control of Cash

    17 Business Math Topics for Hospitality Managers

    Plus the following tools in each chapter:
    • Key Terms
    • Review Questions
    • Problems
    • Case Studies
    • Internet Site References
    S

    • Internet site references
    • Case Studies