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Showing posts from October, 2015

Let's combine accounting with hospitality....sounds logical enough?

Source Ever wondered why would someone combine management accounting with hospitality, tourism and so forth? Will someone be able to produce an interesting research if he/she applies an established knowledge in a totally different area? People are often apathetic when someone starts talking about accounting and its core terms.  However, as soon as the context takes a turn and there are expressions like brands, competition, market, strategy, tourism and hospitality they tend to become more attentive and listen to you. Correct? If so why not make a tiresome topic more interesting and at the same time more insightful? Let me tell you this has been done in the research paper I am talking about!  This paper is almost an interesting read with some pretty insightful findings in terms of using management accounting systems (MAS- an accounting software) specifically by the hotel managers. How will these managers at different levels perceive the information availability on such a...