Chapter 1 - Hospitality industry accounting. This chapter presents the following content: Unique aspects of the hospitality industry, the purpose of accounting in the hospitality industry, branches of accounting, why hospitality managers use managerial accounting, the uniform system of accounts, ethics and hospitality accounting, the blue lagoon water park resort: a case study, joshua’s restaurant. | Managerial Accounting for the hospitality industry (Student study notes): Chapter 1 - Dopson, Hayes