How management accounting can contribute to green tourism?

Answer 1

Managerial Accounting plays a very important role in any business organisation. The three main roles of Managerial Accounting which is Planning,implementing and controlling helps Managers to look ahead and create strategic objectives that the business must work towards to achieve its short and long term goals.

simillarly,in the case on an Tourism organisation, managers should not only interested in profit making but should look at ways that can create a clean environment.

tourism industry though one of a fast income earner, has asscoiated with too much pollution if not properly managed. therefore, manager should create strategies that would help to reduce pollution.

the cost of toruism operation is also one of the critical component that managers must carefully consider. this boils down to cost accounting system. if managers does not carefully, monitor the expense of running an operation, then the possibility of achieveing the business objective;that is to create an clean environment will not be achived. for example, labor will not do their Jo in cleaning and things will go out of hand.