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  • The adoption of uniform system of accounts for the lodging industry (USALI) in Nigeria - (a special look at issues related to sustainability)
    Publication . Adekoya, Adetutu Fatimah; Faria, Ana Rita Silva de Serra; Silva, Hugo Manuel Taborda Palácios da
    The Nigerian hospitality industry has experienced significant growth and contributed to the national economic growth in recent years through revenue generation, job creation, economic diversification, and foreign exchange earnings resulting from the increased tourism activities and introduction of new business. However, while this growth has led to infrastructural development and expansion, it has also intensified sustainability issues, such as increasing energy use, water usage, waste generation, and rising carbon emissions. With the continued expansion of the industry, there is a need for a standardised accounting system to effectively track and report sustainability metrics to maintain long term environmental responsibility, social well-being, and economic sustainability in the industry. This study examines the adoption of the Uniform System of Accounts for the Lodging Industry (USALI), with a special look at sustainability issues. The study adopts a quantitative, descriptive research approach, using a structured online questionnaire to collect primary data from relevant personnels (hotel managers, finance managers, and other industry professionals) of 152 hotels across the six (6) geo-political zones in Nigeria, and also secondary data from existing literatures. The data were analysed using descriptive statistics and bivariate analysis in Statistical Package for the Social Science version 25 (SPSS). A moderated mediation model (PROCESS 7) was conducted to provide insights into the relationships among the adoption of USALI, age, experience, and sustainability strategy. The study found that the USALI adoption rate among the sampled hotels is quite satisfactory (67.1%). USALI is primarily used for decision-making and forecasting & budgeting, showing its value in financial management within the sample. However, non mandatory use of the system was identified as the main reason by non-users of the accounting system. The hotel size, management status, location of hotel, benchmarking are some of the determinants of the USALI adoption within the sample. In addition, 57.9% of the surveyed hotels have sustainability/Environmental, Social, and Governance (ESG) strategies in place, emphasizing the importance of such strategies to business operations. Despite the evolving state of sustainability reporting in Nigeria, the study highlights that energy efficiency, water conservation, rising carbon emission and waste vii management continue to be major concerns. However, only 52% of the sampled hotels have adequate data and reporting capabilities to track ESG impacts. Additional analysis was conducted using a moderated mediated model ( PROCESS7) and this shows that age mediates the relationship between the USALI and sustainability strategy, with experience as a moderator. The results indicated that higher adoption of the USALI has a positive influence on sustainability initiatives, through age directly and indirectly within the sampled hotels. The study takes foundational background support from Institutional Theory (IT) and Stakeholder Theory (ST) to describe adoption of the USALI pattern and sustainability practices. The study contributes to the body of knowledge on management accounting and sustainability accounting by showing how the USALI enhances financial transparency and promotes operational sustainability. Recommendations include policy support, employee capacity building, stakeholder engagement and adoption of technology. The study highlights show the adoption of the USALI can serve as an effective tool for financial and operational management that integrates sustainability/ESG strategies.
    2025-07-11Master thesis Open access Show more