Applied financial management for leisure, tourism and hospitality (Part 2)

As part of a professional education, the authors feel it is important that students are able to use the information that was taught and apply it to real-life situations that are relevant to the industry. This is done through professional products. The book is structured based on the PDCA cycle. The subjects illustrated in this book include:

The capital expenditure budget and financing set-up

Revenue models and sales forecasts

The end to end process of recording financial transactions

The Management Report

Annual financial statements and financial ratios

Doing business internationally

Risk management