Acknowledgement

I would like to take this opportunity to thank all those who helped me for the successful completion of our first assignment for the module of finance and funds for travel and tourism.

Firstly I would like to thank our parents, who were always there for me, standing by my side and giving me tremendous support and encouragement which really boosted me in making this report a success.

I also would like to great thanks to our Module lecturer, name for guiding me throughout this report and giving me endless support which really helped me through the completion of this report.

And lastly, I would also like to thank all our friends, the lab assistants for enabling me to use the computer laboratories, and the library assistants for helping us in some way or other in helping me to make a successful completion of this report.

Thanking you………………………….

TABLE OF CONTENT

1. Introduction 2

2. Interpret financial accounts 4

3. cost-volume profit analysis 8

4. Management accounting information 16

5. Sources and funds in travel and tourism 21

6. Conclusion 26

7. References 27

INTRODUCTION / ABSTRACT

AIMS AND OBJECTIVES

Finance is a very important part of travel and tourism organizations. Financing in the travel and tourism business is a major vital factor in the travel and tourism business. With the use of the proper finances, the business can provide what are the things actually required. However, to properly implement the financing actions, it is improved to have a good planning. A sound planning accompanies with the management and through this principle, the financing is controlled. As a finance manager, the duty is to provide the in charge actions in allocating the funds on the appropriate