finance & funding in travel and tourism

Place make it nice ! I need to pass the course ..

Finance and Funding in the
Travel and Tourism
Sector
TASK 2

Table of Content
 Introduction
 Different types of management accounting information that can be utilized in
Dalata Hotel
 Use of management accounting information as a decision making tool
 References

Introduction
The current presentation is showing the value of management accounting. Its
importance is increasing as it is focusing not only on financial activities, but also
concentrating on the performance of other sections such as marketing, operations
etc.

Different types of management accounting
information that can be utilised in Dalata Hotel
Different types of management accounting information that can be used by mentioned firm in order to
improve their performance are listed below :
 Budgets
 Financial statements
 Variance analysis
 Forecasts
 Management information system

Continue...

Use of management accounting information as a
decision making tool
Some of the assistance given by MAS are stated below :
 Comparison of trends
 Forecasting
 Investment
 Increasing capital
 New goods and services

Continue...

References
Spenceley, A. ed., 2012. Responsible tourism: Critical issues for
conservation and development. Routledge.
Henderson, J.C., 2010. Sharia-compliant hotels. Tourism and
Hospitality Research.10(3). pp.246-254.
Pike, S., 2012. Destination marketing. Routledge.

Thank You