Basic Management Accounting for the Hospitality Industry

2nd Edition

Michael Chibili

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Published November 26, 2019
Textbook - 380 Pages
ISBN 9781003022305 - CAT# KF19203

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Basic Management Accounting for the Hospitality Industry uses a step by step approach to enable students to independently master the field.

This second edition contains many new themes and developments, including:

  • the essence of the International Financial Reporting Standards (IFRS)
  • integration of the changes caused by the evolution of the Uniform System of Accounts for the Lodging Industry (USALI)
  • the extension of price elasticity of demand, and addition of income and cross elasticities
  • the addition of break-even time (BET) as an additional method of analysing capital investments

Up-to-date and comprehensive coverage, this textbook is essential reading for hospitality management students. Additional study and teaching materials can be found on


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