IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v1y2008i10p13.html
   My bibliography  Save this article

Financial Reporting In The Lodging Industry From The Segment Reporting Aspect

Author

Listed:
  • Andor Pajrok

Abstract

Quality of accounting reporting system reflects the accomplished development stage of the accounting information system and its ability to satisfy different external and internal accounting information needs. One of the most important sources of information about the efficiency of any business subject is financial statements. The paper considers the financial statements reporting requirements for the Lodging Industry, which are set in (beside of the IASB and the FASB regulation) Uniform System of Accounts for the Lodging Industry (USALI). The aim of this paper is to disclose possibilities of Segment Reporting in the Lodging Industry enterprises to demonstrate the „true and fair view†of theirs financial situation. For business transparency, the most important accounting information are based on segment reporting standards. Enterprises in the Lodging Industry to satisfy external and internal users needs have to set up theirs financial statements according to 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 company.

Suggested Citation

  • Andor Pajrok, 2008. "Financial Reporting In The Lodging Industry From The Segment Reporting Aspect," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(10), pages 1-13.
    • Handle: RePEc:alu:journl:v:1:y:2008:i:10:p:13
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1020081/13.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    the lodging industry; IAS;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:1:y:2008:i:10:p:13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dan-Constantin Danuletiu (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.