Accounting-information support investment in object of tourism industry

• Main Author: Ya.D. Krupka
• Format: Article
• Language: English
• Published: Zhytomyr State Technological University 2015-06-01
• Series: Vìsnik Žitomirsʹkogo Deržavnogo Tehnologìčnogo Unìversitetu: Ekonomìčnì Nauki
• Subjects: investments; investment financing; tourism; tourist services; information; accounting; efficiency of investment
• Online Access: http://ven.ztu.edu.ua/article/view/50134

The article reveals the peculiarities of investments in tourism, their financial support through various sources. Given the branching system of travel, and additional related services offered by the author, each of the objects viewed as an investment project which, in turn, provides investment and obtaining from them certain benefits. In the article the system of investment projects, including the relationship of forms of investment (own cash and property investments of investors, credit and other borrowed resources, funds from sponsors and donations) and the effects of investment (profit from operations, related income, social benefits for citizens and other benefits for society). Given the fact that every project goes through several stages since its launch and completion stages of submitted investment projects include the following phases: pre, investment process and control the results and return on capital investment projects under operation. The scheme of the project life cycle, which provided a way out of the project, corresponding interpretation investing activities international and national accounting standards and financial reporting. In this paper, special attention is paid to the rehabilitation of tourist visits, keeping investments in them, as well as an attempt to give an objective assessment of the effectiveness of such investments on the basis of accounting information.