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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.

Request a Review Copy

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

Take a Closer Look

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.