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Since the publication of the second edition in 1986, there have been important advances in the field of management accounting. A great deal of progress has been made by hospitality and tourism operators in the area of control techniques, with revenue control in particular receiving a considerable amount of attention. The aim of this new edition is to present all such material and ensure that the book is the most uptodate. Though retaining the basic structure of the original work, the third edition has been thoroughly revised, updated and expanded to cover all the key aspects of tourism. Management Accounting for Hospitality and Tourism adopts an operations orientation, relating all theory to reallife situations. Since all hospitality and tourism businesses are subject to a high degree of market orientation this book places a strong emphasis on the revenue side of the business. Features of this new edition include: complete guide to pricing in hospitality and tourism; unparalleled insight into the profitability of market oriented businesses; userfriendly style. Comprehensive and rigorous, yet userfriendly in its approach, this text contains all the latest advances in the field of hospitality and tourism.Benefits: Practicebased approach places the subject in the real worldFully worked examples help students to understand the subjectIncludes the Uniform System of Accounts (hotel accounting standard)Many learning features and an open, friendly styleAbout the AuthorRichard Kotas is Emeritus Professor of Schiller International University and works as freelance writer and consultant.
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