Accounting of Franchising Activities of Tourist Enterprises of Ukraine

Abstract

The article is devoted to solving several problems in the methodology of accounting for travel franchising. The methodology is based on a system of binding relationships formed between the franchisor and the franchisee to account for the accrual of a one-time/lump sum and royalty/periodic service fee. Influence on the methodology of accounting for franchising operations in tourism is the understanding of the essence of franchising as an agreement, a special type of business, marketing system, forms of business cooperation, forms of organization and business, delivery of services to end-users. The result of the need to gradually attribute the lump sum to expenses or income of the reporting period during the term of the agreement is the use of the mechanism of redistribution through the accounts of expenses/income of future periods.

Implementation of the Provisions of the Cluster Theory into the Accounting System: Genesis and Evolution

“…These should be systems of adaptive orientation and satisfy the informational needs of management at the local and regional levels." A similar opinion was held by Vysochan (2016), who researched establishing the content of creating the concept of cluster accounting.…”