Management Accounting Practices in Hospitality and Service Enterprises: A Comparative Research

Abstract

This paper compares the use of management accounting practices in hospitality and service enterprises operating in India, using data obtained from a survey among 100 hospitality and 100 service enterprises. Our main aim is to identify the significant management accounting practices used in the sample respondents and to investigate whether management accounting practices differ significantly between hospitality and service enterprises, and whether these differences can be explained by differences in terms of demographic characteristics. The findings of study identified most important management accounting practices in the sample Indian hospitality and service enterprises. This research found significant differences in the application of management accounting practices among the Indian hospitality and service enterprises. The results indicate that there is no significant relationship between management accounting practices variables and respondents’ characteristics. Finally, this study contributed to the current knowledge in management accounting practices in hospitality and service industry.

Keywords: Enterprises, Management Accounting, Hospitality, Service, India

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