Management Accounting Information: A Decision Tool in the Travel Industry

Management Accounting information acts as decision tool in
travelling business

Table of contents
• Management Accounting information acts as decision tool in travelling
business
• Introduction
• Management Accounting Information
• Types of management accounting information
• Uses as a decision making tool
• Benefits of management accounting information
• Importance To Dalata Hotel Group
• Helps in improving overall growth of business.
• conclusion
• References

Introduction
• Management Accounting information is a system that
provides the knowledge for financial and statistical data.
• Provides decision making to managers.
• Types of information includes financial statements, variance,
budgets etc.
• Increases profitability and growth.

Management Accounting Information
• It is a process of preparing the financial reports and final
accounts of the company. The advance preparation of all the
reports help the managers in decision making.
• It helps to maintain the systematic records of financial data.
• It not only serves the insiders of company but too helps the
outsiders in helping them with the financial data of company.
• It forecast the trends and cash requirements.