Basic Management Accounting for the Hospitality Industry

<p><em> <br><p>Basic Management Accounting for the Hospitality Industry</p></em> uses a step by step approach to enable students to independently master the field.</p><p>This second edition contains many new themes and developments including:</p><ul> <li>the essence of the International Financial Reporting Standards (IFRS)</li> <li>integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)</li> <li>the extension of price elasticity of demand and addition of income and cross elasticities</li> <li>the addition of break-even time (BET) as an additional method of analysing capital investments</li> </ul><p>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</p>