ABSTRACT
Basic Management Accounting for the Hospitality Industry uses a step by step approach to enable students to independently master the field.
This second edition contains many new themes and developments, including:
- the essence of the International Financial Reporting Standards (IFRS)
- integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)
- the extension of price elasticity of demand, and addition of income and cross elasticities
- the addition of break-even time (BET) as an additional method of analysing capital investments
Up-to-date and comprehensive coverage, this textbook is essential reading for hospitality management students. Additional study and teaching materials can be found on www.hospitalitymanagement.noordhoff.nl
