Improvements in Accounting and Analysis of Financial Results in Tourism Enterprises

Abstract

ABSTRACT The article deals with improvements in accounting and analysis of financial results in tourism enterprises, as well as suggestions for further simplification of the order of calculation of financial results of tourism companies as a result of explorative and deductive research, as a result of researches. With major changes in the development of the industry, the system of indicators that reflect the financial results of the tourism enterprises, benefits and operating results should be studied on a regular basis. These reviews are derived from the financial statement report. This will require the formulation of this report form and the improvement of its information. This does not disclose information about the earnings and net earnings from this report to external users. Keywords: International standards; Costs; Accountability; Improvement; Financial results; Travel companies