Ostapenko Y. Accounting for and control over revenues and expenses of hotel industry enterprises

The object of study is the process of hotels' income and expenses forming, recorded in the accounting system and controlled. The subject of the study is a complex of theoretical and methodological, organizational and practical issues of accounting and control for hotels' income and expenses. The aim of the thesis is the substantiation of the theoretical statements as well as development of the recommendations for improving accounting and control over the income and expenses of the hotel industry enterprises. The features of the enterprises of hotel industry in terms of energy saving have been defined as well as their impact on the accounting and control system has been outlined; the concept and approaches toward the classification of hotel business and hotel services have been studied; the composition of revenues and expenses of hotel businesses has been clarified. The areas of organizational support of accounting for revenues and expenses of hotel industry business have been grounded, in particular, the functional duties of the accounting personnel have been specified with regard to their participation in the implementation of functions of revenues and expenses management; the methodic statements of accounting reflection of expenses have been improved; the methodic approach to recognition and measurement of revenue from rendering the hotel services has been worked out as well its accounting reflection has been offered. The system of organizational and informational support of the internal control over revenues and expenses of hotel industry enterprises has been improved under conditions of resources conservation based on the identification of risky profitability centers of the enterprises; the procedures for the analytical procedures application for conducting internal control over revenues and expenses of such enterprises have been reasoned.