Comprehensive Report on Finance and Funding in Travel & Tourism
VerifiedAdded on 2024/04/26
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AI Summary
This report provides a detailed analysis of finance and funding within the travel and tourism sector, covering various aspects of financial management, including different types of management accounting information such as forecasts, financial statements, and budgets. It examines financial statements like the Dalata balance sheet and income statements, explaining their significance in recording financial activities and income. The report also discusses cash flow management, budgeting processes for estimating cash and funds, and the role of management information systems in maintaining organizational data. Furthermore, it highlights software used by Dalata for data security and explores decision-making tools like forecasting, investment analysis, and new service/product evaluation, with specific attention to cash flow, balance sheet, and control flow forecasting. Finally, the report touches on setting prices and includes references to relevant academic sources.
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