For non-accountant hospitality managers, accounting and financial management is often perceived as an inaccessible part of the business. Yet having a grasp of accounting basics is a key part of management. Using an 'easy to read' style, this book provides a comprehensive overview of the most relevant accounting information for hospitality managers. It demonstrates how to organise and analyse accounting data to help make informed decisions with confidence.

With its highly practical approach, this new Edition:

• Quickly develops the reader's ability to adeptly use and interpret accounting information to further organisational decision making and control
• Demonstrates how an appropriate analysis of financial reports can drive your business strategy forward from a well-informed base
• Develops mastery of key accounting concepts through financial decision making cases that take a hospitality manager's perspective on business issues
• Presents accounting problems in the context of a range of countries and currencies
• Includes a new chapter that addresses a range of financial management topics that include share market workings, agency issues, dividend policy as well as operating and financial leverage
• Includes a further new chapter that provides a financial perspective on revenue management
• Includes accounting problems at the end of each chapter to be used to test knowledge and apply understanding to real life situations
• Offers extensive web support for instructors and students that includes powerpoint slides, solutions to end of chapter problems, test bank and additional exercises.

The book is written in an accessible and engaging style and structured logically with useful features throughout to aid students’ learning and understanding. It is a key resource for all future hospitality managers.

Noël Gregg, PhD, is Distinguished Research Professor in the Departments of Psychology and Communication Sciences and Special Education at the University of Georgia (UGA). She founded the UGA Learning Disabilities Center in 1982 and served as its Director until 1997. From 1993 to 1997, Dr. Gregg served as Director of the Learning Disabilities Research and Training Center. During that period, she produced over 21 videos and teleconferences focusing on the adolescent and adult population with learning disabilities and ADHD. Dr. Gregg is also Director of the UGA Regents' Center for Learning Disorders. Her areas of specialization include adolescents and adults with learning disabilities and ADHD, accommodations, alternative media, assessment, written language disorders, and measurement validity. She has been a national expert witness for several key legal cases pertaining to accommodating adults with learning disabilities and ADHD on high-stakes tests. The author of several books and more than 100 scientific articles and book chapters, Dr. Gregg is a frequent conference presenter and speaker.