Read more
Zusatztext 'The British Association of Hotel Accountants recommends Accounting and Finance for the International Hospitality Industry to all accounting professionals.'David Cook! Chairman of BAHA`This collection of articles...represents a major step forward for applied accounting and finance in a service sector setting.'Service Industries Journal! July 1996 Informationen zum Autor Peter J. Harris Klappentext Endorsed by the British Association of Hotel Accountants! this work contains contributed articles which explains developments in accounting and finance. It provides an overview of: analysis and evaluation of performance; planning methods and techniques; financial information and control; and financial management. Zusammenfassung Endorsed by the British Association of Hotel Accountants, this work contains contributed articles which explains developments in accounting and finance. It provides an overview of: analysis and evaluation of performance; planning methods and techniques; financial information and control; and financial management. Inhaltsverzeichnis Preface; List of contributors; Part One - Financial Analysis; Performance measures used in hotel companies; Methods for predicting financial failure in the hotel industry; Operational analysis in hotels; Labour recruitment and turnover costs in hotels; Part Two - Financial Planning; Statistical cost estimation and prediction in hotels; Risk assessment in capital investment; Financial strategy formulation; The practice of management accounting in hotel groups; Part Three - Financial Information and Control; Identifying managers' information needs in hotel companies; Management control in the hospitality industry: behavioural implications; The use of accounting information in hotel marketing decisions; Part Four - Financial Management; The hotel financial controller: a member of the management team; Financial management in an international environment: Hotel 2000 NV - a case study; Financial management implications of hotel management contracts: a UK perspective; The hotel management contract: lessons from the North American experience; Hotel profitability - critical success factors; Index. ...