This book is a club accounting resource for club managers, officers, and controllers that provides a total financial reporting system. The revised edition is a joint collaboration between Hospitality Financial and Technology Professionals (HFTP) and Club Managers Association of America (CMAA). It offers a flexible turnkey financial reporting system geared specifically to member-owned, not-for-profit city and country clubs.
It includes:
- formats for all financial statements and supporting schedules
- definitions for all line items
- practical information about financial analysis
- projections, and budgeting; a broad discussion of relevant tax issues
- a detailed expense dictionary
- and more
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