000 01793nam a22002057a 4500
003 CUTN
005 20231220113746.0
008 231220b |||||||| |||| 00| 0 eng d
020 _a9788183769167
041 _aEnglish
082 _a657.837
_bPAT
100 _aPaterson, Emily.
245 _aHospitality Financial Accounting /
_cEmily Paterson (Author)
260 _aJaipur :
_bABD Publishers,
_c2022.
300 _a248hpk.:
_bill.:
520 _aManagement accounting provides accounting information to help managers make decisions to manage the business. In short, Financial Accounting is the process of summarizing financial data taken from an organization's accounting records and publishing in the form of annual (or more frequent) reports for the benefit of people outside the organization. Financial accountancy is governed by both local and international accounting standards. Financial accountants produce financial statements based on Generally Accepted Accounting Principles of a respective country. In particular cases financial statements must be prepared according to the International Financial Reporting Standards. Consistent with other roles in today's corporation, management accountants have a dual reporting relationship. The book introduces the fundamentals of financial accounting through examples from hotels, restaurants, and clubs. Even managers who feel they are not “numbers people" will easily understand the accounting process and its function in hospitality operations. This means understanding fundamental accounting concepts, developing solid financial analysis abilities, and then applying them to understand and improve the operational performance of their hotel or restaurant.
650 _aManagement
690 _aManagement
942 _2ddc
_cBOOKS
999 _c41063
_d41063