Hospitality Industry Financial Accounting eBook: 365 Day Access and Exam (ExamFlex)

Package includes a 365-day eBook access key plus the online exam.

The purchaser will have access to this title for 365 days from access code redemption.

This eBook presents basic financial accounting concepts and shows readers how they apply to the hospitality industry. Readers will learn about: the responsibilities of a hospitality property’s accounting department, advantages and drawbacks of various types of income statements and the role of inventory in calculating profit.

The book has been revised throughout to reflect changes to accounting standards presented in the 11th revised edition of the Uniform System of Accounts for the Lodging Industry. Other new information includes discussion of the revenue recognition principle, explanation of the concept of the LIFO reserve as it pertains to inventory valuation, discussion of the growing popularity of the limited liability corporation (LLC) and revisions to reflect the most recent IRS guidelines.

Please note:

• To be eligible to take the final exam and earn a certificate of completion for this course, you must be enrolled at a school.
• Students MUST purchase their textbooks or online exams through the online store.

Upon ordering the digital edition, you will receive an access code with guided information to help you get started. Once you establish an account for the title, you will be able to view as well as download to the app.

Authors: Raymond S. Schmidgall Ph.D., CPA, and James W. Damitio, Ph.D., CMA

©2015, 18 Chapters, Digital

For more information and special industry and academic pricing, please contact the Sales team.