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| ACCOUNTING AND FINANCE FOR THE INTERNATIONAL HOSPITALITY INDUSTRY
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To order this title, and for more information, click here
Edited By
Peter Harris, Professor of Accounting, School of Hotel and Restaurant Management, Oxford Brookes University, UK
Description
Top experts specializing in hospitality management have contributed articles to this new collection which explains recent developments
in accounting and finance. The material is drawn from a combination of fieldwork and practical experience.
The managerial emphasis
means that the content is fully relevant internationally and not constrained by the legal framework of different countries. Accounting
and Finance provides an overview of:
*analysis and evaluation of performance
*planning methods and techniques
*financial information
and control
*financial management.
It also shows how operational analysis can be used as a management tool to improve performance.
Techniques for predicting the financial success or failure of hotels are suggested. Research into hotel companies in the US and Europe
demonstrates key performance indicators used by hotel managers and financial executives.
Other contributors explore the interface between
accounting and marketing and human resource management and there is thorough coverage of financial strategy formulation. Readers will
also find helpful the section on statistics in the analysis and prediction of cost behaviour in hotels.
Contributors: Raymond Schmidgall
(Michigan State University, USA); Debra J. Adams (Bournemouth University, UK); Professor Elisa S. Moncarz (Florida International University,
USA); Richard N. Kron (Kron Hospitality Consulting, USA); Angela Maher (Oxford Brookes University, UK); Peter J. Harris (Oxford Brookes
University, UK); Geoff S. Parkinson (BDO Stoy Hayward Chartered Accountants, UK); Paul Fitz-John (Bournemouth University, UK); Paul Collier
(University of Exeter, UK); Professor Alan Gregory (University of Glasgow, UK); Tracy A. Jones (Cheltenham and Gloucester College of
Higher Education, UK); Jacqueline Brander Brown (The Manchester Metropolitan University, UK); Nina J. Downie (Oxford Brookes University,
UK): Catherine L. Burgess (Oxford Brookes University, UK); Ian C. Graham (Holiday Inn Worldwide, Belgium); Howard M. Field (International
Hotel and Leisure Associates, UK); Professor Paul Beals (Canisius College, USA); Frank J. Coston (Pannell Kerr Forster Associates, UK).
Audience
Undergraduate and postgraduate hospitality students; BAHA members; accountants in hospitality organizations.
Contents
Preface; List of contributors; Part One - Financial Analysis; Performance measures used in hotel companies; Methods for predicting financial
failure in the hotel industry; Operational analysis in hotels; Labour recruitment and turnover costs in hotels; Part Two - Financial
Planning; Statistical cost estimation and prediction in hotels; Risk assessment in capital investment; Financial strategy formulation;
The practice of management accounting in hotel groups; Part Three - Financial Information and Control; Identifying managers' information
needs in hotel companies; Management control in the hospitality industry: behavioural implications; The use of accounting information
in hotel marketing decisions; Part Four - Financial Management; The hotel financial controller: a member of the management team; Financial
management in an international environment: Hotel 2000 NV - a case study; Financial management implications of hotel management contracts:
a UK perspective; The hotel management contract: lessons from the North American experience; Hotel profitability - critical success factors;
Index.
| Bibliographic details |
Paperback, 352 pages, publication date: AUG-1997
ISBN-13: 978-0-7506-3586-8
ISBN-10: 0-7506-3586-X
Imprint: BUTTERWORTH HEINEMANN
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| Price and Ordering |
Price:
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USD 50.95
GBP 31.99
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Last update: 4 Sep 2009
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