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A textbook for students of management accounting in hospitality programmes, this work teaches the basics of managerial accounting from the perspective of the hospitality industry. It features: discussion of ethics in each chapter; examples and analysis of real financial statements from hospitality companies; material on yield management and menu engineering; and information on computer applications. Supplements include an Instructor's Manual, Test Bank Generator software and a Student Study Guide.

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• Accounting Review
• Understanding Financial Statements
• Analysis and Interpretation of Financial Statements
• Ratio Analysis
• Internal Control
• The 'Bottom Up' Approach to Pricing
• Cost Management
• The CVP Approach to Decisions
• Operations Budgeting
• Working Capital
• Cash Management
• The Investment Decision
• Feasibility Studies-An Introduction
• Financial Goals and Information Systems
• Appendix
• Glossary
• Index