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This text presents the fundemental principles of financial and management accounting, introduces the specific techniques and provides examples pertinent to students in the fields of hospitality, tourism and leisure. Illustrations and case studies aim to help students understand the purpose and process of the accounting function and assignments and multiple-choice questions at the end of each section allow readers to assess the depth of their knowledge. assist in effective business management and the decision-making process; and to evaluate and analyze business profitability, liquidity and vulnerability. the combination of financial and management accounting; practical examples; and objectives, mini-cases and a point-by-point summary of basic concepts learned in each chapter. accounting at undergraduate and postgraduate levels should find this work of interest.