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Reseach Article

Management Accounting Practices Adopted by Small Hoteliers in Sri Lanka

by Iranjali Samarakoon, Mano Weligodapola, Lasanthi Kapukotuwa
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 184 - Number 33
Year of Publication: 2022
Authors: Iranjali Samarakoon, Mano Weligodapola, Lasanthi Kapukotuwa
10.5120/ijca2022922415

Iranjali Samarakoon, Mano Weligodapola, Lasanthi Kapukotuwa . Management Accounting Practices Adopted by Small Hoteliers in Sri Lanka. International Journal of Computer Applications. 184, 33 ( Oct 2022), 16-27. DOI=10.5120/ijca2022922415

@article{ 10.5120/ijca2022922415,
author = { Iranjali Samarakoon, Mano Weligodapola, Lasanthi Kapukotuwa },
title = { Management Accounting Practices Adopted by Small Hoteliers in Sri Lanka },
journal = { International Journal of Computer Applications },
issue_date = { Oct 2022 },
volume = { 184 },
number = { 33 },
month = { Oct },
year = { 2022 },
issn = { 0975-8887 },
pages = { 16-27 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume184/number33/32526-2022922415/ },
doi = { 10.5120/ijca2022922415 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-07T01:23:02.509230+05:30
%A Iranjali Samarakoon
%A Mano Weligodapola
%A Lasanthi Kapukotuwa
%T Management Accounting Practices Adopted by Small Hoteliers in Sri Lanka
%J International Journal of Computer Applications
%@ 0975-8887
%V 184
%N 33
%P 16-27
%D 2022
%I Foundation of Computer Science (FCS), NY, USA
Abstract

The third-largest source of foreign exchange earnings in Sri Lanka is the tourism sector. [1] The tourist business in Sri Lanka is dominated by the small to medium sized hotel sector, which accounts for 75% of SM Enterprises. [2] In order to gain insights into the various management accounting practices used by small hoteliers, the researcher chose a sample of 10 small hotels with fewer than 100 employees from across Sri Lanka. A secondary goal of this research is to gauge the level of awareness of these practices among small hoteliers. In this study, 4 key criteria are used to measure awareness of management methods. Those are management accounting practices used to Create a Business Strategy, Planning and Control Techniques, and Decision Making strategies, Efficient Resource Usage, methods for performance evaluation.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Management Accounting Practices SME Tourism industry