© 2022 National Restaurant Association Educational Foundation. All Rights Reserved.
The Ninth Edition of
Hospitality Industry Managerial Accounting
by Ray Schmidgall, Ph.D, CPA and Agnes DeFranco, E.D.
The American Hotel and Lodging Educational Institute (AHLEI) is excited to announce the release of the ninth edition of Hospitality Industry Managerial Accounting.
This new text addresses developing accounting acumen in a hospitality setting to aid in crucial business decisions.
Highlights of the Ninth Edition
The new edition features various schedules from the current Uniform System of Accounts for the Lodging Industry, including income statements for restaurants and clubs.
Ratio Analysis
Discover the new section on flow-through and flex ratios
Basic Cost Concepts
Identify how managers determine relevant costs
Internal Control
Discusses various functions, including cash receipts, cash disbursements, accounts payable, and more
Lease Accounting
Enhanced materials, including updated illustrations of accounting for various types of leases
Table of Contents
1. Introduction to Managerial Accounting
2. The Balance Sheet
3. The Income Statement
4. The Statement of Cash Flows
5. Ratio Analysis
6. Basic Cost Concepts
7. Cost-Volume-Profit Analysis
8. Cost Approaches to Pricing
9. Forecasting Methods
10. Operations Budgeting
11. Cash Management
12. Internal Control
13. Capital Budgeting
14. Lease Accounting
15. Income Taxes
Student Materials
Available in both Print and Digital eBook
PRINT ISBN: 978-0-86612-753-0
180-DAY EBOOK ISBN: 978-0-86612-725-7
365-DAY EBOOK ISBN: 978-0-86612-724-0
New Instructor Resources
Includes a chapter test bank, PowerPoints, and an instructor manual
Exam & Certification
The AHLEI Academic Certificate is globally recognized and adds value to students seeking careers in the industry
Highlights of the Ninth Edition
Features various schedules from the current Uniform System of Account for the lodging industry, as well as latest coverage including Ratio Analysis, Basic Cost Concepts, Internal Control and Lease Accounting.
Request a Review Copy of the Ninth Edition
Submit the order form to receive your sample copy of the Ninth Edition of Hospitality Industry Managerial Accounting.
