Volume 11 - Volume 11
Improving Accounting Management VIA Measuring Effects of Cost and Revenue Factors on Accounting Net Profit – A Case Study in Hoi An Tourism Company In Vietnam
Abstract
We perform this study in order to enhance management of accounting functions in firms, esp. In the
case of Hoi An Tourism company in Vietnam.
Before covid 19 Vienam tourism has developed fast and achieved high growth, but during covid 19
Vietnam tourism sector has been affected so much, with declining GDP contribution and tourism
unemployment.
This study mainly use combination of quantitative methods (statistics, calculation formulas) and
qualitative methods including synthesis, inductive and explanatory methods.
Our study findings tell us that all cost factors such as COGS and sale cost and administrative expense have negative relationship with accounting net profit.
Besides, this study also give out recommendations for suitable financial accounting processes and policies as well as directions or implications for tourism management in post-covid in future.
Paper Details
PaperID: 1914
Author's Name: Hoang Thanh Hanh and Dinh Tran Ngoc Huy
Volume: Volume 11
Issues: Volume 11
Keywords: Accounting Functions, Hoi An Tourism Firm, Accounting Management, Vietnam, Cost and Revenue, Accounting Profit.
Year: 2021
Month: May
Pages: 35-48