The role of accounting policy in management of Polish hospitals

Magdalena Anna Kludacz-Alessandri


The Polish accounting Act is not able to create an ideal accounting model for all organizations which carry out diversified activities in various economic conditions. Therefore, managers have the right to choose their own legally accepted accounting principles, in order to present a true and fair view of their financial results in financial statements. However, the freedom to choose accounting principles may also lead to use such tools of accounting policy that have a direct impact on the manner of recognizing revenues and costs and allow the creation of financial performance and other elements of financial statements. The aim of the article is to describe the essence of the accounting policy and analyze the use of selected instruments of material accounting policies in management of Polish hospitals that have impact on financial results and other components included in financial statements. The article presents the results of an empirical survey conducted in selected Polish hospitals in the years 2012 - 2013. The respondents gave information regarding various instruments of accounting policy used in their hospitals and evaluated their use in creating financial performance. The study showed that accounting policy is not the essential tool in the management of the hospitals in Poland. From one point it is good because it means that accounting policy isn't the tool of any manipulative practices in hospitals. On the other hand the managers don't use their possibilities and rights to choose the accounting methods to achieve the most desirable financial results. They don't try to optimize the financial statements of their hospitals using the instruments of accounting policy which don't violate the balance sheet law.
Author Magdalena Anna Kludacz-Alessandri (CESS)
Magdalena Anna Kludacz-Alessandri,,
- College of Economics and Social Sciences
Publication size in sheets0.5
Book Krajicek J., Nesleha J., Urbanovsky K. (eds.): European Financial Systems 2016. Proceedings of the 13th international scientific conference, 2016, Faculty of Economics and Administration, Masaryk University, ISBN 978-80-210-8308-0, 886 p.
Keywords in Englishaccounting policy, hospitals, accounting rules, balance sheet policy
Languageen angielski
3-fragment.pdf 123.72 KB
Score (nominal)15
ScoreMinisterial score = 15.0, 05-09-2019, BookChapterMatConfByConferenceseries
Ministerial score (2013-2016) = 15.0, 05-09-2019, BookChapterMatConfByConferenceseries
Publication indicators WoS Citations = 0
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