Naslov
Accounting Reporting System and Information Technology in the Croatian Haopitalitiy Industry

Autori
Peršić, Milena ; Stojanović, Marijana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
General Accounting Theory - Towards Balanced Development / Dobija, Mieczyslaw ; Martin, Susan - Krakov : Cracow University of Economics, 2005, 283 - 300

Skup
3th International Conference "General Accounting Theory - Towards Balanced Development"

Mjesto i datum
Kraków, Poljska, 28.05.2005. - 31.05.2005

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
accounting; reporting system; information technology; hospitality industry; IAS; GAAP; USALI

Sažetak
The task of the accounting information system AIS) of the hotel company is to create and present relevant financial information, understandable and comparable by criteria and standards of the global tourist and financial markets. Information technology this process facilitates accelerates and makes it cheaper. The set task must be performed taking into consideration accounting theory, methods, practice, regulation, and the most important, Uniform System of Accounts for the Lodging Industry (USALI), a system for the preparation of accounting reports and financial statements in standardized formats, respecting all specific industry features. For business transparency, the most important accounting information are those based on interim and segment reporting standards. To prepare relevant information about enterprise’ s products and services, its geographic areas, and its major customers the special software is needed which has to be compatible with the requirements of IAS 14 and SFAS 131. Furthermore, USALI methodology has to be adjusted to the real organizational structure and real information requirements of particular hotel company.The preparation of financial statements is easy and quick if it is connected with the system of internal reporting, because financial statements emerge from the summarizing and grouping of the information created for internal accounting reports. The second step which is possible by using modern information technology is presentation of financial reports on the corporate web sites. For this purpose the Extended Business Reporting Language (XBRL) is created, standards based method for preparing, publishing in a variety of formats, exchanging and analyzing financial statements and the information they contain. The paper explores the influence of technological advancements on the functions of accounting and financial reporting. The emphasis is on the need of accounting adjustment to the information requirements for specified purposes. Any other approach to the preparation of managerial information does not assure the realization of the goals and the tasks of the hotel companies.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA