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*planning methods and techniques. The Difference between Analyzing Profits and Analyzing Revenues The Impact of Department Profits on Total Hotel Profits Maximizing and Measuring Total Hotel Financial Analysis in the Hospitality Industry JONATHAN A. HALES AMSTERDAM BOSTON HEIDELBERG LONDON NEW YORK OXFORD PARIS SAN DIEGO Chapter OutlineUnique Aspects of the Hospitality IndustryThe Purpose of Accounting in the Hospitality IndustryBranches of AccountingWhy Hospitality The USFRC is a club accounting resource for club managers, officers, and controllers. This textbook is written for students who desire to become hospitality operations man agers and not Assistant Controllers, Controllers, or Directors of Finance The objective of this textbook is to teach students to be conversational in speaking “numbers.”. 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 ACCOUNTING AND FINANCIAL ANALYSIS IN THE HOSPITALITY INDUSTRY Jonathan A. Hales Northern Arizona University Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Chapter OutlineUnique Aspects of the Hospitality IndustryThe Purpose of Accounting in the Hospitality IndustryBranches of AccountingWhy Hospitality Managers Use Managerial AccountingThe Uniform System of AccountsEthics and Hospitality AccountingApply What You Have LearnedKey Terms and ConceptsTest Your Skills Accounting and financial analysis in the hospitality industry: Hales, Jonathan A: Free Download, Borrow, and Streaming: Internet Archive *financial information and controlactual accounting processes and procedures used in the hospitality industry. It is produced through the joint efforts of Hospitality Financial and Technology Accounting and Finance provides an overview of: *analysis and evaluation of performance.
