ABSTRACT

The book gives practical instruction and guidance in the use of accounting for effective control and higher profit in hotel and catering operations. The author covers all aspects of the subject, setting arguments and examples in a real context.

chapter 1|9 pages

Orientation

chapter 2|16 pages

The Accounting Framework

chapter 3|19 pages

Basic Cost Concepts

chapter 4|15 pages

Sales-Cost-Profit Relationships

chapter 5|32 pages

Break-Even Analysis

chapter 6|22 pages

Introduction to Decision Accounting

chapter 7|22 pages

Introduction to Pricing

chapter 8|18 pages

Pricing: Some Practical Applications

chapter 9|9 pages

Profitability

chapter 10|19 pages

Profit Sensitivity Analysis

chapter 11|26 pages

Budgetary Control

chapter 12|18 pages

Variance Analysis

chapter 13|26 pages

Food Cost Control

chapter 14|7 pages

Beverage Cost Control

chapter 15|18 pages

Accounting and Operating Ratios

chapter 16|12 pages

Financial Statement Analysis

chapter 17|14 pages

Analysis of Departmental Profitability

chapter 18|14 pages

The Management of Working Capital

chapter 19|15 pages

Assessment of Capital Projects