Customer Reviews

Hospitality Management Accounting

5 star:		(1)
4 star:		(2)
3 star:		(0)
2 star:		(1)
1 star:		(2)

 

 

I recently took a hospitality managerial accounting class at school and found this book extremely useful. There was so much in-depth information, along with illustrative examples, case studies, and useful problems and exercises. The student workbook also came in handy and helped me to pass the class.

I have been teaching all the chapters of this book for 9 months. There are many examples from hospitality industry and, in this sense, the book is indeed fine. It is mainly indented for students who would like to learn the "very basics" (in order to "pass the course") and apply them in practice. From a more academic point of view, the book suffers in many respects. It is rather wordy and poor in substance since there are no clear-cut definitions of the concepts used. Further, and this is very negative for me, there is no even the least reasoning or proof for any of the formulae used. Thus, in the best case, it encourages the logic of "apply the formula and interpret the results". Also, some accounting identities and formulae are written simply in an unacceptable way, from mathematics (and logic) point of view. There are some mistakes in the exercises and the formulation of many exercises, especially of the large ones, is unnecessarily complicated, sometimes the answers in the answer sheet are wrong and the presentation of solution is occasionally chaotic. Since no constructive arguments are developed for the building of the formulae, students are "forced" to apply formulae in a "mechanical" way . The result is that, even in the least modification of the problem under consideration, students try to find "the" formula to apply it. Of course, we cannot blame only the book for this since many students convey this "idea" from their years in school. The book simply follows this learning stance. Due to lack of a constructing reasoning, students do not learn to modify a formula or to built another one from first principles, according to the problem at hand. Hence, not a really constructive thinking is developed. I am looking for other, more substantial alternatives.

This is a good book. Anyone in a supervisory accounting or even operational position will not loose anything knowing a little about the bottom line of the hospitality business they work at.

I am happy with my purchase, the high quality of the used books and the prompt arrival orders. But I would warn you to be very careful when making your purchases on Amazon. I still do not know what I did wrong, but I ended up ordering some books twice. I desperately tried to stop the shipment, but Amazon does not list a phone number and the online cancelation was in a loop that did not work! Because the shipment ultimatelly ended up in Kingston, Jamaica the cost to return the double ordered books is more than the cost of the books. So I am now left with three books I had NO INTENSION of ordering nor any use for and I can not find a buyer here in Jamaica. I am going to be VERY angry when my credit card bill arrives.

This seller never shipped or contacted me about my item. All I would see is that it is "shipping soon".

I was sent the wrong book. The correct ISBN was listed on the receipt, but the wrong book was included in the package. I sent the seller an email requesting a return and they ignored me.