Finance and Funding in the Travel and Tourism Sector

Finance and Funding in the Travel and
Tourism Sector

2.1 Different types of management accounting information
Introduction:
• Presentation is based on the Merlin Entertainment Plc.
• Various management accounting information will be discussed in this
presentation.
• Assessment of use of information for decision making will be done in this
study.

Management accounting information
• Accounting information are the essential aspect, with the help of this,
Merlin Entertainment Plc can enhance its business performance.
• It supports cited firm in forecasting the sales volume and preparing budget
so that desire profit can be earned by the entity.

Types of Management accounting information
There are several types of information which is used by the finance manager
of Merlin Entertainment Plc:
 Budget
 Variance analysis
 MIS
 Financial statements