Costing, strongfundingstrong and budgetary control in UK hospitals.docVIP

Costing, Funding and Budgetary Control in UK Hospitals A Historical Reflection Abstract This historical reflection traces the changes in accounting practice in UK hospitals, focussing on costing, funding and budgetary control. The paper finds that, contrary to many implicit assumptions in academic accounting studies, our accounting ancestors promoted, and sometimes used, accounting data in pursuit of similar objectives to those advocated in the 21st century. For example, cost comparison information, often prepared with the aim of rewarding ‘efficient’ hospitals, is a particular feature of ac