Lecture Managerial Accounting for the hospitality industry: Chapter 4 - Dopson, Hayes

Lecture Managerial Accounting for the hospitality industry: Chapter 4 - The balance sheet. In this chapter you will learn why owners, investors, lenders, and managers all must know how to read and understand a balance sheet. You will also learn how accountants prepare a balance sheet and, most important, how managerial accountants evaluate the information contained in a balance sheet using vertical and horizontal analysis techniques.