حسابداری سلامت (Sep 2013)
Examining the Amount of Difference between Accrual and Cash Accounting and Its Impact on Resources and Expenditure in Kashan University of Medical Sciences
Abstract
Introduction: Since the financial system of Iranian government executives is not capable of providing comprehensive information, and in all governmental systems, especially in the health sector, it encounters with the shortage and scarcity of valuable resources, a comprehensive financial system needs to be established to provide managers with information. Therefore, in line with the establishment of accrual accounting system in Kashan University of Medical Sciences, the current study aims at examining the amount of difference between accrual and cash accounting and its impact on resources and expenditure in Kashan University of Medical Sciences. Method: This study is descriptive, and analytical which its requisite data was derived from 2012 financial statements of Kashan University of Medical Sciences. The data collection instruments involved two forms related to cash accounting and accrual accounting. In order to analyze data, descriptive statistics and paired t- tests were used. Results: There is a significant difference between the identified sources of accrual accounting and those of cash accounting in Kashan University of Medical Sciences. Hence, accrual accounting has a significant difference with cash accounting in terms of expenditure in such a way that the resource development by the use of accrual accounting method is 124 percent and the expenditure growth is 102 percent. Conclusion: With the establishment of accrual accounting system, rather than identifying current and in-current assets and liabilities as well as current and in-current income and expenses, it is possible to examine the financial adequacy in order to maintain the level of services and future obligations to society, and to evaluate the financial performance and resource allocation.
