• Lecture Managerial Accounting for the hospitality industry: Chapter 5 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 5 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 5 - The statement of cash flows. In this chapter you will learn about the Statement of Cash Flows (SCF). The SCF is a report that tells its readers about increases (inflows) and decreases (outflows) of cash of a business during a specific accounting period.

     46 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 7 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 7 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 7 - Food and beverage pricing. In this chapter, you will learn about the important relationship between the costs of the products you will sell and the prices you must charge your guests. If your prices are too low, your profits may be too low also.

     57 p hce 26/11/2022 2 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 9 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 9 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 9 - Managerial accounting for costs. This chapter will teach you how to recognize the different types or categories of costs that managerial accountants consider when they analyze the total costs incurred by a hospitality business. The most important of these various types include fixed, variable, step, mixed, direct, indirect, controllable, and non-controllable costs.

     59 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 2 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 2 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 2 - Accounting fundamentals review. This chapter is a review of some accounting fundamentals that must be understood before you can begin to actually study managerial accounting. It can be helpful even if you have recently completed one or more introductions to accounting courses.

     45 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 10 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 10 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 10 - Forecasting in the hospitality industry. In this chapter, you will learn how managerial accountants can accurately forecast revenues as well as how they utilize this information to maximize profit and increase operational efficiency.

     47 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 1 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 1 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 1 - Hospitality industry accounting. In this chapter, you will review some important ways in which the hospitality industry is unique. You will also learn the definition of accounting and how accounting helps managers like you use financial information to make good decisions.

     25 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 3 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 3 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 3 - The income statement. In this chapter you will learn why the income statement is so important to all those who will typically review and analyze it. You will also see why it is so critical for the manager who is actually operating the business to be able to read and correctly analyze and interpret the income statement.

     56 p hce 26/11/2022 3 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 11 - Budgeting and internal controls. In this chapter you will learn about the variety of ways hospitality managers utilize budgets and the budgeting process to better operate their businesses. In fact, as you will discover, managers most often prepare not one, but several types of budgets. You will learn about the various types of budgets most hospitality operators prepare...

     72 p hce 26/11/2022 2 0

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

    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.

     45 p hce 26/11/2022 1 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 8 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 8 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 8 - Revenue management for hotels. In this chapter, you will learn how hoteliers decide what they will charge for the hotel rooms and the other products they sell. You will discover that hotels typically offer their guests a variety of room rates depending upon the specific characteristics of the rooms sold and the guests to whom the rooms are sold.

     55 p hce 26/11/2022 1 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 6 - Ratio analysis. Ratio analysis is used to analyze profitability and it is also used to examine, in detail, the asset, liability, and owners’ equity positions of a business. In this chapter you will learn how to compute and analyze the ratios used to evaluate each of these three major components of the basic Accounting Formula.

     64 p hce 26/11/2022 1 0

  • Lecture Managerial Accounting for the hospitality industry: Chapter 12 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 12 - Dopson, Hayes

    Lecture Managerial Accounting for the hospitality industry: Chapter 12 - Capital investment, leasing, and taxation. In this chapter, you will learn how owners and investors determine which businesses are worthy of their capital investment. While it may not be possible to predict with 100% accuracy the chances of a specific business becoming a financial success, it is true that knowledge is power.

     57 p hce 26/11/2022 1 0

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