This research work has been designed purposely to determine the ways in which hotels keep proper accounting records. Hotels are industries that provide hospitality to people, making them have a home away from their normal homes; they are mostly a tourist sight for visitors in the country. They provide services such as rooms, meals and transportation and project the image of the country, in return for payment.
The central goal of this study is to bring to focus the relevance of accounting department to management efficiency in day to day running of the hotels. Recognize its scope and areas of problems, loopholes that could fraud. The result f the study led to the researcher accepting and formulating hypothesis, using both primary and secondary method of data collection. The researcher was able to conclude that accounting is of great importance not only to hotel industry but also to other industries, we hope that if the recommendations stated are followed religiously the hotel industry will stand the test of time and not liquidate.
TABLE OF CONTENTS
Title page II
Approval page III
Dedication IV
Acknowledgement V
Table of contents VI
Abstract VIII
CHAPTER ONE
Introduction 1
1.1 Background of the study 1
1.2 Statement of Research Problem 2
1.3 Objective of the study 3
1.4 Significance of the study 4
1.5 Limitation of the study 5
1.6 Statement of hypothesis 5
1.7 Definition of terms 6
1.8 Brief history of Joe-Continental Hotel Ltd. 9
CHAPTER TWO
Literature Review 11
2.1 Historical Development of Accounting 11
2.2 Development in Accounting Standard and Procedures18
2.3 Accounting 37
2.4 Accounting as part of Internal Control 43
2.5 The Role, Relationship of the Accountant 50
2.6 The Accounting Division of Joe Continental Hotel Ltd.54
CHAPTER THREE
Research Methodology
3.1 Research Design 57
3.2 Area of the study 58
3.3 Population of the study 58
3.4 Sample and sampling procedures 59
3.5 Instrument for data collection 60
3.6 Validity of the study
3.7 Reliability of the study 64
3.8 Method of administration of instruments 64
3.9 Method of data analysis. 65
CHAPTER FOUR
4.0 Data Analysis and Interpretation 66
4.1 Presentation of data 68
4.2 Test of hypothesis 75
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation 82
5.1 Introduction 82
5.2 Summary of findings 82
5.3 Conclusion 83
5.4 Recommendation 84
Bibliography 86
Appendix. 87
