Financial accounting for the hospitality, tourism, leisure and event sectors - Donncha O’Donoghue

This accounting text is primarily targeted at students studying accounting within applied management programmes related to the hospitality, tourism, leisure, travel and event sectors. It employs accessible and student-friendly design, with clear learning outcomes and end-of-chapter comprehensive summaries. It promotes learning through worked examples and real-life case scenarios, with end-of-chapter questions all related to the sectors in focus. The text begins by introducing the reader to the components and characteristics of the hospitality, tourism, leisure and event sectors before focusing on financial accounting issues such as:The accounting equation The double entry systemThe organisation of accountsVATFixed assets and depreciationAccruals and prepaymentsBad debts and provisionsThe preparation of financial statementsThe legal forms of organisationThe regulatory framework of accountingThe financial statements of limited liability companiesDepartmental accounts Statements of cash flowThe interpretation of financial statementsThe text applies all of these issues with a relevant context and at a level appropriate for students of applied management programmes. It assumes no prior knowledge of accounting. The text is also accompanied by a lecturer's website containing PowerPoint presentation material and suggested solutions to questions.