This managerial accounting textbook will help readers understand and apply hospitality departmental accounting at the supervisory and managerial levels. Revisions to this edition include:

• Three new chapters on cash management and planning, casino accounting, and assorted accounting topics
• New hospitality managerial accounting case studies and Internet reference sites in each chapter
• Updated content that reflects the tenth revised edition of the Uniform System of Accounting for the Lodging Industry.
• Comprehensive coverage of the Sarbanes-Oxley Act, including the role of the SEC
• Discussion of Fair Value Accounting, required in 2007 for all publicly-held corporations
• Updated exhibits that reflect computerization and today's technology.