Strategic managerial accounting [electronic resource] : hospitality, tourism & events applications / Tracy Jones ... [et al.]

ISBN:

9781908999023

Title:

Publication Information:

Oxford : Goodfellow Publishers Ltd, 2012.

Physical Description:

1 online resource (336 p.)

General Note:

Description based upon print version of record.

Contents:

Foreword by Professor Peter Harris; Preface to the Sixth Edition; 1A Strategic Managerial Accounting Perspective to Hospitality, Tourism and Events Operations; 1.1 Introduction and objectives; 1.2 Defining accounting and finance; 1.3 The hospitality, tourism and events focus; 1.4 Characteristics of hospitality, tourism and events; 1.5 The role of managers in strategic managerial accounting; Summary of key points; 2 Financial Statements for Decision Making; 2.1 Introduction and objectives; 2.2 Alternative accounting statements; 2.3 The difference between profit and cash

2.4 Key external financial reporting frameworks - IFRS 2.5 Key management accounting reporting framework - USALI; 2.6 The purpose of such statements in aiding managers; Summary of key points; 3 Costs and their Behaviour; 3.1 Introduction and objectives; 3.2 Classifying costs; 3.3 Behaviour - fixed, variable and semi-variable costs; 3.4 Cost concepts, analysis and applications; Summary of key points; 4 Cost Volume Profit Analysis (CVP); 4.1 Introduction and objectives; 4.2 CVP terminology and concept; 4.3 CVP calculations; 4.4 CVP in an industry context; 4.5 Computerised 'What if?' analysis

Summary of key points 5 Short-term Decision Making; 5.1 Introduction and objectives; 5.2 Relevant costs in decision making; 5.3 Opportunity costs; 5.4 Differences between short-term and long-term decisions; 5.5 Types of short-term decisions; 5.6 Long-term implications of short-term decisions; 5.7 Scarce resources; 5.8 Uncertainty; 5.9 Outsourcing; Summary of key points; 6 Pricing Decisions; 6.1 Introduction and objectives; 6.2 Pricing approaches; 6.3 Relationship of cost/cost structure to price; 6.4 Developing a pricing strategy; Summary of key points; 7 Revenue and Yield Management

7.1 Introduction and objectives 7.2 The concept of revenue management; 7.3 Characteristics for revenue management; 7.4 Revenue management in different environments; 7.5 Revenue maximisation or profit maximisation?; Summary of key points; 8 Costing and Customer Profitability Analysis; 8.1 Introduction and objectives; 8.2 Market decisions; 8.3 The accounting/marketing interface; 8.4 Activity-Based Costing (ABC); 8.5 Activity-based management (ABM); 8.6 Customer profitability analysis (CPA); 8.7 Profit sensitivity analysis (PSA); Summary of key points; 9 The Use of Budgets in Organisations

9.1 Introduction and objectives 9.2 The role of budgets; 9.3 Master budget preparation; 9.4 Budgetary control; 9.5 Behavioural aspects of budgeting; 9.6 Beyond Budgeting/Better Budgeting; Summary of key points; 10 Event and Function Management Acounting Techniques; 10.1 Introduction and objectives; 10.2 Features of the events and function sector; 10.3 Event planning phase management accounting tools; 10.4 Management accounting tools for use during the event; 10.5 Post-event performance review management accounting tools; Summary of key points; 11 Financial Analysis of Performance

11.1 Introduction and objectives

Subject Term:

Accounting.

Hospitality industry -- Accounting.

Managerial accounting.

Format:

Electronic Resources

Electronic Access:

Click here to view book

Publication Date:

2012

Publication Information:

Oxford : Goodfellow Publishers Ltd, 2012.

Available:*

Shelf Number	Material Type	Copy	Shelf Location	Status
647.940681 STR	1:E-BOOK	1	1:ONLINE	Searching... Unknown

Bound With These Titles

On Order

Summary

Strategic Managerial Accounting: Hospitality, Tourism & Events Applications 6edn explores the nature of these industry sectors and how these impact on the strategic managerial accounting (SMA) tools used by decision makers in the industry.Formerly known as Managerial Accounting in the Hospitality Industry by Harris and Hazzard, this new edition builds on this successful and well known text, retaining its practical approach and active learning style, extending to consider strategic management accounting and to include tourism and events management industry contexts.This new 6th edition incorporates discussion, explanations and illustrations of the theoretical underpinning of hospitality, tourism and events related to SMA and managerial accounting concepts and techniques, together with specific examples of industry application. It has a user friendly chapter structure, with pedagogic features including objectives, learning activities, self check questions, references, and key points summaries. Each chapter includes 'theoretical context' sections which put the applied learning in the context of current research and thinking to bring the theory to life.Key features of this text are:* A complete revision and expansion of the well known and successful Harris and Hazzard text;* Includes several brand new chapters such as: Event and Function Management Accounting techniques, Sustainability & Environmental Management Accounting (EMA), Not-for-profit Organisations, Current Issues in Strategic Management Accounting;* Uses international real life case studies to illustrate from across the hospitality, tourism and events sectors including charity (not-for-profit) sector and music events;* Links to applied and generic research on each topic;* Includes International Financial Reporting Standards (IFRS) terminology suitable for an international audience. With a complete suite of online tutor resources, this book is essential reading for all year 2/3 undergraduate and postgraduate students studying hospitality, tourism and events management.