Basic Management Accounting for the Hospitality Industry

Basic Management Accounting for the Hospitality Industryuses 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 elasticitiesthe addition of break-even time (BET) as an additional method of analysing capital investmentsUp-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