Financial management for hospitality decision makers

Abstract

Highly practical in its scope and approach, this book: Outlines the procedure and purpose behind various financial activities - including budgeting, year-end financial statement analysis, double-entry accounting, managing and analysing costs, working capital management, and investment decision making; Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base; Clearly highlights the key financial issues you need to consider in a host of decision making situations; Includes a range of problems to help readers appraise their understanding of concepts - with solutions provided for lecturers at http://textbooks.elsevier.com.