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Recommendations

The document outlines recommendations for improving revenue management and auditing practices in resorts in San Juan, focusing on enhanced financial transparency and accountability. Key stakeholders, including tourism enterprises, business owners, accounting personnel, and local government, are encouraged to adopt standardized practices, engage in continuous development, and participate in collaborative initiatives. Additionally, the implementation of a customized audit manual is advised to support effective fund management and compliance across local resorts.

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Danica Mae Canosa
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11 views

Recommendations

The document outlines recommendations for improving revenue management and auditing practices in resorts in San Juan, focusing on enhanced financial transparency and accountability. Key stakeholders, including tourism enterprises, business owners, accounting personnel, and local government, are encouraged to adopt standardized practices, engage in continuous development, and participate in collaborative initiatives. Additionally, the implementation of a customized audit manual is advised to support effective fund management and compliance across local resorts.

Uploaded by

Danica Mae Canosa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Recommendations

After carefully gathering the necessary data, the researchers developed the following

recommendations:

1. Tourism Enterprises. To strengthen revenue management practices, resorts in San Juan

are encouraged to improve their systems for fund collection, allocation, and reporting.

Adopting standardized documentation templates and digital tracking tools is highly

recommended to ensure accurate and consistent monitoring of cash flow, reduce financial

discrepancies, and enhance operational transparency.

2. Business Owners and Managers. The identified auditing challenges require resort owners

and managers to make transparency, accountability, compliance, and accuracy in financial

operations their top priority. The organization needs to perform regular internal audits and

establish well-defined financial protocols and delegate responsibilities effectively to

achieve audit readiness and minimize financial mismanagement risks.

3. Accounting Personnel and Internal Auditors. To address inefficiencies in resort revenue

processes, accounting staff and auditors should engage in continuous professional

development, particularly in the areas of tourism finance and risk-based auditing

techniques. Their role should include documenting discrepancies, recommending

corrective actions, and aligning financial practices with industry and regulatory standards

to ensure accuracy and compliance.

4. Respondents and Stakeholders. The resorts that participated in this study, along with their

associated stakeholders, are encouraged to share feedback and engage in financial process

improvement initiatives. Participation in local tourism forums and benchmarking efforts


may help identify recurring challenges, promote the adoption of best practices, and foster

collaboration within the local resort industry.

5. Future Resort Owners. Aspiring resort owners in San Juan should be oriented on the

importance of effective revenue management systems and reliable auditing controls.

Integrating these practices early in the business planning stage will support long-term

financial sustainability and reduce compliance issues as the enterprise grows.

6. Local Government and Tourism Regulatory Bodies. Authorities such as the local

government and tourism regulatory offices should consider implementing training

programs specifically targeting resort enterprises. These programs may focus on financial

literacy, audit compliance, and accurate reporting. In addition, establishing a

performance-based monitoring and support system may enhance the financial

accountability and competitiveness of resorts in the region.

7. Future Researchers. Future research may focus on evaluating the implementation and

effectiveness of the audit manual developed through this study. Researchers may

investigate how its application impacts financial transparency, compliance, and overall

audit quality in resort enterprises. Additionally, comparative studies across different

tourism destinations in Batangas may be conducted to identify variations in revenue

management practices and assess the adaptability of the manual in various tourism

contexts.

8. Implementation and Validation of the Audit Manual. As this study culminates in the

creation of a customized audit manual specifically designed for resorts in San Juan,

Batangas, it is recommended that this manual be formally introduced and implemented

across local resort enterprises. The manual should undergo pilot testing within selected
resorts to assess its practicality, user-friendliness, and effectiveness in improving fund

collection, allocation, and reporting practices. Feedback gathered during the

implementation phase should be used to refine the manual. Furthermore, resort managers

and accounting personnel must be oriented on its proper usage to ensure consistency,

transparency, accountability, and compliance with industry and regulatory standards.

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