IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-319-70377-0_31.html
   My bibliography  Save this book chapter

Accounting System in Croatian Public Health-Care Sector: Current State and Improvement Perspectives

In: Economy, Finance and Business in Southeastern and Central Europe

Author

Listed:
  • Davor Vašiček

    (University of Rijeka)

  • Gorana Roje

    (State Asset Management Office)

  • Ivana Dražić Lutilsky

    (University of Zagreb)

Abstract

As in many countries, public health-care sector represents a very important subsystem of Croatian general government sector and a very important segment of total public spending. The specificities of Croatian public health-care sector refer to its financing model and asset structure, but mostly to large material and human resources, employment needs and service delivery model/set of procedure complexity. From a health-care financial management macroeconomic point of view, hospitals’ spending represents the most demanding and the most expensive segment, while cost-efficiency and effectiveness of hospitals reflect the overall health-care system quality. This implies management efficiency and effectiveness that further require necessary quality, accuracy and complete set of both financial information (which would reflect true and fair view of organization’s financial position and performance) and nonfinancial information (which would further indicate the effectiveness level). In addition, Croatian public health system has been a subject to frequent reforms and almost permanent financial recoveries of piled incurred losses. The paper presents empirical evidence on the current state and functional adequacy of the accounting and financial reporting system as well as the evidence on the perception about the accounting information quality level in meeting Croatian public sector health-care management needs. The empirical research was conducted based on the data collected by means of questionnaire sent to all public health-care institutions in Croatia in the year 2016. The results of this study have relevance to all users of financial statements and in particular to accounting professions engaged in public sector accounting information system set of reforms, in their effort to upgrade and advance the existing financial reporting system by implementing accruals in public sector health-care accounting/financial reporting system as business-like (parts of) government. Such a system should insure the integral information base that would enable efficient use of public goods and the existence of accountable financial management.

Suggested Citation

  • Davor Vašiček & Gorana Roje & Ivana Dražić Lutilsky, 2018. "Accounting System in Croatian Public Health-Care Sector: Current State and Improvement Perspectives," Springer Proceedings in Business and Economics, in: Anastasios Karasavvoglou & Srećko Goić & Persefoni Polychronidou & Pavlos Delias (ed.), Economy, Finance and Business in Southeastern and Central Europe, pages 455-468, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-70377-0_31
    DOI: 10.1007/978-3-319-70377-0_31
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-3-319-70377-0_31. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.