Sponsors
BAHA are pleased to be able to offer you the opportunity to purchase the following publications:
The Uniform System of Accounts was first published in 1926 by the Hotel Association of New York. The "Uniform System" has since become a recognised, standard format for the preparation and presentation of financial data for hotels. The newly released 10th edition provides up-to-date instructions for preparing accounts which can be adapted by hoteliers to suit their requirements, depending upon the size and structure of their operation.
BAHA is working in association with the Hotel Association of New York City and US based HFTP to review the impact of some of the changes in the 10th edition.To add your comments to the discussion forum - please click here.
This provides a review of accounting standards and practices following the publication of FRS15 on Tangible Fixed Assets. It provides a uniform framework which should ensure a greater consistency in accounting for fixed assets. The Notes deal with Initial Measurement, Valuation and Depreciation of fixed assets and provides guidance on implementation. Following implementation of FRS15, it is anticipated that buildings will be depreciated. The Notes recommend that the total cost or value of a building should be divided into two categories "Building Core" and "Building Surfaces Finishes and Services".