酒店会计标准手册.docVIP

HOTEL ACCOUNTING STANDARDS MANUAL INTRODUCTION ACCOUNTING AND INTERNAL CONTROLS The Purpose of Accounting and Internal Controls Accounting and internal controls serve to: A. Safeguard the Companys assets B. Secure the integrity of the Companys records and management information C. Ensure that all levels of management comply with the relevant procedures to achieve a high degree of consistency among hotels D. Ensure that the Company obtains value for money from its use of resources E. Achieve the Companys objectives economically, efficiently and effectively. Hotel operation requires the delegation of duties: Supervisors must exercise control over the duties delegated to staff members, and staff members must account for their performance. Owing to the fallibility of people and information systems, internal control procedures are necessary. Internal controls are in place to ensure that all information is correct, reliable and processed on time. This enables management to make decisions which will achieve Company objectives. Every employee is involved in the internal control system every day. The value of internal control is the same whether the employee performs control over his own activities, or whether his Department Head/Supervisor ensures the correct performance of delegated activities. Division of Internal Controls The internal control system is roughly divided into preventive and detective measures.  A. Preventive measures are an essential part of the internal control system. They are designed to prevent any occurrences which will abuse the organizations interests. Preventive measures include: 1. Segregation of duties-Established by the Hotels organization chart, segregation of duties ensures that more than one employee or department is always involved in a transaction, reducing the chance for undetected errors or falsification of records. Segregation of duties is based on conflict of interests, which should always exist between Hotel function