MANAGEMENT ACCOUNTING IN DALATA HOTEL GROUP PLC

Explore how management accounting is utilized in Dalata Hotel Group plc to manage funds, investments, budget, expenses, sales, and decision-making processes for business growth and profitability.

MANAGEMENT
ACCOUNTING
INFORMATION

INTRODUCTION
 Dalata hotel group plc has 33 hotels
which includes 7700 rooms.
 Management accounting is done to
manage the funds and investments of
Dalata hotel group plc.
 Dalata hotel group plc is well known in
the travel and tourism sector.
 Management accounting is done by the
finance manager of the organization.

MANAGEMENT ACCOUNTING
IN DALATA HOTEL GROUP PLC.
Dalata Hotel Group plc can use the
management accounting to identify their
investments and funds.
 Budget management
 Expense management
 Sales management
 Fund management

BUDGET MANAGEMENT
Budget management is done to calculate
all the investments t0be done to run the
hotels.
Transportation budget
Room maintenance budget
Import/Export budget

EXPENSE MANAGEMENT
Expense management is done to run the
hotels on daily basis. It includes the
transport, room service and other
expenses.

SALES MANAGEMENT
Sales management is done to distribute
the profit margin between all the
investors and business owner.
Sales:
Room service
Transportation service
Tourist purchases

FUND MANAGEMENT
 Fund management provides financial
statements to the organization.
 Investors does the fund management
with the finance manager of the
organization to identify total expenses.

MANAGEMENT ACCOUNTING
AS DECISION MAKING TOOL
Decision making is done for business
growth and to increase the profitability.
Finance and funding decisions
Problem solving
Financial statements

FINANCE AND FUNDING
DECISIONS
Financial decisions can be done using the
management accounting. The main
elements used while taking financial
decisions:
Business expenses
Financial statements
Forecasting

PROBLEM SOLVING
Problem solving can be done using the
management accounting.
Steps included:
 Identify the problem
 Evaluate problem
 Find alternative
 Implementation of solution

FINANCIAL STATEMENTS
Financial statements are used while
decision making by the investors and the
finance manager of Dalata Hotel Group
plc.
Margin distribution
Profit evaluation
Transaction details

CONCLUSION
 Decision making is done in Dalata hotel
group plc using management
accounting.
 Management accounting plays a major
role while taking decisions regarding
finance and funding.

REFERENCE
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Decision Making Process Related to Organizations’
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D., 2013. A decision-focused knowledge management
framework to support collaborative decision making for
lean supply chain management. International Journal of
Production Research, vol 51(7), pp.2123-2137.
 Ranade, S. M. and Corrales, A., 2013. Teaching problem
solving: Don't forget the problem solver (s). European
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