8/01/2011

Uniform System of Financial Reporting for Spas Review

Uniform System of Financial Reporting for Spas
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The Uniform System of Financial Reporting for Spas represents the first successful, organized effort to establish a definitive uniform accounting system for the spa industry. This book provides a recommended standardized financial reporting system that will allow spa professionals to measure, compare and report on the financial health of their business.

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This definitive guide for accounting principles was created by the ISPA Foundation in a collaborative effort with author Raymond Schmidgall, Ph.D., the American Hotel & Lodging Educational Institute, and Hospitality Financial & Technology Professionals. Specifically designed for spas, it provides a financial reporting system that will allow operators to measure, compare, and report on the financial health of their business. The flexibility of the system allows spas of any size to enjoy success from implementation.

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