Hospitality Management Accounting

MARTIN G. JAGELS is Professor Emeritus at the College of Hospitality, Retail, and Sport Management at the University of South Carolina in Columbia. MICHAEL M. COLTMAN was chair of the Department of Hospitality and Tourism Administration at the British Columbia Institute of Technology until his retirement.

Basic financial accounting review; understanding financial statements; analysis and interpretation of financial statements; ratio analysis; internal control; the bottom up approach to pricing; cost management; the cost-volume-profit approach to decisions; operations budgeting; statement of cash flows and working capital analysis; cash management; the investment decision; feasibility studies -: an introduction; financial goals and information systems. Appendix: computers in hospitality management.