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The Stages of Management Accounting Evolution in Taiwan’s Hotel Industry: Evidence from Taipei City

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Management Accounting in China and Southeast Asia

Part of the book series: Contributions to Management Science ((MANAGEMENT SC.))

Abstract

This study investigates how management accounting in the hotel industry has evolved in Taiwan. We use hotels in Taipei City as the sample because, as capital of Taiwan, Taipei City is where most medium- and large-sized hotels are located. The focus on Taipei City provides a valuable opportunity to reduce any potential size effect. Based on the evolution model proposed by the International Federation of Accountants (IFAC), the study shows that the majority of sampled hotels are moving from cost determination and financial control tools toward provision of information for management planning and control practices. However, 23.3% of the sample hotels have moved toward a more sophisticated role, creating value through an effective resource usage.

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Acknowledgments

We thank Hui-Fen Kuan and Wan-Ju Wu for their assistance in data collection.

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Authors and Affiliations

  1. Department of Accountancy, National Taipei University, Taipei, Taiwan

    Hsuan-Lien Chu & She-Chih Chiu

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  1. Hsuan-Lien Chu
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  2. She-Chih Chiu
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Correspondence to She-Chih Chiu .

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Editors and Affiliations

  1. German Police University, Münster, Germany

    Robert C. Rickards

  2. German Police University, Münster, Germany

    Rolf Ritsert

  3. Rangsit University, Pathumthani, Thailand

    Kanitsorn Terdpaopong

Appendix

Appendix

Table 4 Management accounting research topics in Taiwan
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Chu, HL., Chiu, SC. (2021). The Stages of Management Accounting Evolution in Taiwan’s Hotel Industry: Evidence from Taipei City. In: Rickards, R.C., Ritsert, R., Terdpaopong, K. (eds) Management Accounting in China and Southeast Asia. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-030-66245-5_5

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