ManageFirst: Hospitality Accounting, 2nd edition


This text focuses on HOSPITALITY ACCOUNTING topics. It includes essential content plus learning activities, case studies, professional profiles, research topics and more that support course objectives.


The text and exam are part of the ManageFirst Program® from the National Restaurant Association (NRA). This edition is created to teach restaurant and hospitality students the core competencies of the Ten Pillars of Restaurant Management. The Ten Pillars of Restaurant Management is a job task analysis created with the input and validation of the industry that clearly indicates what a restaurant management professional must know in order to effectively and efficiently run a safe and profitable operation. The ManageFirst Program training program is based on a set of competencies defined by the restaurant, hospitality and foodservice industry as those needed for success. This competency-based program features 10 topics each with a textbook, online exam prep for students, instructor resources, a certification exam, certificate, and credential. The online exam prep for students  is available with each textbook and includes helpful learning modules on test-taking strategies, practice tests for every chapter, a comprehensive cumulative practice test, and more!


This textbook includes an online testing voucher to be used with the online version of the ManageFirst certification exam.

Table of contents

About the National Restaurant Association and the National Restaurant Association Educational Foundation


Features of the ManageFirst Books

Real Manager


1 — Introduction to Accounting and Finance

2 — Planning the Profitable Restaurant

3 — Income Statements (P&Ls)

4 — Budgeting

5 — Managing Cash and Accounts Receivable

6 — Managing Accounts Payable

7 — Controlling Foodservice Costs

8 — Profitable Pricing

9 — Assessing Actual Performance

10 — Accounting and Finance Issues for Restaurant Owners


Field Project



Published by Pearson (July 16th 2012) - Copyright © 2013