Management accounting for the hospitality, tourism and leisure industries : a strategic approach / Debra Adams.

ISBN:

9781844801978

Title:

Author:

Adams, Debra.

Personal Author:

Adams, Debra.

Edition:

2nd ed.

Publication Information:

London : Thomson, c2006.

Physical Description:

xiii, 322 p. : ill. ; 25 cm.

General Note:

Previous ed. published by Cassell, 1997 as 'Management accounting for the hospitality industry : a strategic approach / Debra Adams.'

Contents:

Pt. 1.Introduction. 1. Introducing strategic management. 2. Introducing strategic financial management. 3. Understanding financial statements -- Pt. 2. External Analysis. 4. Managing costs. 5. Managing pricing strategies -- Pt. 3. Internal Appraisal. 6. Making budgets work. 7. The management of working capital. 8. Performance measurement -- Pt. 4. Strategic Options. 9. Funding growth. 10. Capital budgeting. 11. Practical aspects of capital investment appraisal. 12. The cost of funds -- Pt. 5. Strategic Implementation and Evaluation. 13. Measuring the value of a business. 14. The globalization and internationalization issues. 15. The way forward -- App. 1. Present Value Table -- App. 2. Annuity Table.

Subject Term:

Hospitality industry -- Accounting.

Managerial accounting.

Format:

Books

Publication Date:

2006

Publication Information:

London : Thomson, c2006.

Available:*

Shelf Number	Material Type	Copy	Shelf Location	Status
647.940681 ADA	Book	1	Standard shelving location	Searching... Unknown

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Summary

This second edition of the widely-used Management Accounting for the Tourism, Hospitality & Leisure Industries: A strategic approach demonstrates how the use of accounting information supports the strategic decision making processes used to control and manage business operations. This book is an essential guide for practitioners and students who are required to study management accounting in the context of the hospitality industry. For practitioners, the book is intended to help those who need an improved grasp of accounting information to assist them in their day-to-day work. For students, the book is aimed at those who are studying accounting as part of their degree or professional studies course.

Part I Strategic Planning

1 Introducing strategic management.

2 Introducing strategic financial management

3 Understanding financial statements

Part II External Analysis

4 Managing costs

5 Pricing strategies

Part III Internal Analysis

6 Making budgeting work

7 Managing working capital

8 Performance measurement

Part IV Strategic Choice

9 Sourcing expansion

10 Capital investment appraisal

11 Practical aspects of capital investment appraisal

12 The cost of funds

Part V Strategic Implementation and Evaluation.

13 Valuing a business

14 Globalisation and internationalisation issues

15 The way forward.

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Summary

Summary

Table of Contents