ACCOUNTING AND ACCURACY OF ACCOUNTING STATEMENTS, ELEMENTS OF ORGANIZATION IN TOURIST DEVELOPMENT IN KOSOVO AND ALBANIA

Abstract

Tourism development can produce an inflation effect, especially in the early stages when the supply of goods and services often does not respond to rising demand. Often there is an inequality between the spending power of the tourist and the host population. Likewise, as a result of tourist demand for housing, house prices rise rapidly. In recent years academic studies have focused on emotions to explain the behavior of investors and the performance of financial markets. It should be noted that “Traditional finance theory” is built on the assumption that investors always make rational decisions having a single objective, maximizing the benefit in a risk environment and insecurity. The application of financial models means that individuals include information in the decision making process using probability rules and statistics in calculations, leaving aside emotions. However, it should be noted that investors experience a series of emotions as they make a decision, and the more important this decision is, the stronger the emotions. Tourism development exerts direct economic effects on the activity of economic organizations participating in meeting tourism needs. According to Krapfit professor, these organizations include: hotels, restaurants, cafe bars, shopping facilities, banks and insurance companies. Professionals such as doctors, lawyers, guides, sports institutions, entertainers etc. can also be involved. Participation of these activities in meeting the tourist needs in different countries is different. The numbers for these budgets are not difficult to handle and most managers will give at least some confidence in their benefit. In the objectives of the paper we will also consider how the internal user is oriented to use the accounting information and to use it straight to it.