On December 21st 2007, the Swiss Federal Parliament passed the new financing of hospital care through a DRGbased performance payment system (SwissDRG). The new financing method is due to come into force on January 1st 2012 and hospitals are now facing the challenge of adapting their cost accounting systems to support both the tariff negotiation process with health insurers and the internal stra...

Greece is undertaking important reforms with the aim of making the budget a more modern strategic policy document. This article examines Greece’s recent economic and fiscal performance and the developments that led to the launch of the programme budgeting pilot in 2008. The article discusses the budget formulation process, the role of Parliament, and various aspects of budget implementation and...

the increasing dependency of many businesses with information technology (it)and the high percentage of the it investment in all invested capital in businessenvironment ask for more attention to this important driver of business. thelimitation of capital budget forces the managers to look for more wise investment init. there are many cost-cutting techniques in the literature and each of them ha...

This paper introduces the responsibility cost control system installed at Han Dan Iron and Steel Company in the People’s Republic of China. The Company has adopted a series of management accounting techniques or procedures in its cost control system, including target costing, responsibility accounting, standard costing, flexible budgeting, internal transfer pricing, behavior motivation, perform...