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Financial reporting and accounting strategies for the transportation systems

Author :
  • Jizhong Wu
Abstract
This paper addresses the major task of transport-related business growth is to acquire necessary financial results while maintaining cost efficiency for accurate estimation of these expenditures. Estimation of travel expenses in tourism organizations for travel agencies, and also the requirements and approaches for their involvement in tourism costs. This is stated that each of the current ways of reducing spending, the main things are techniques of continuous monitoring of spending, such as control and financial reporting, scheduling, as well as a range of steps intended to minimize expenditure. And it also addresses the growth of the tourist environment and the benefits of the relevant theories in the financial legal and regulatory framework, as well as the outcome of an experimental and empirical review to improve the process for correctly measuring the financial results in travel companies, concessions were created and conclusions were obtained from the study results.
Keywords : Financial reporting, product cost, cost allocation, and travel packages
Volume 2 | Issue 3
DOI :