Recommendations on a better cost accounting system for public hospitals

This paper made an intensive study on existing problems of the current public hospital cost accounting system and proposed amendments by sorting out cost accounting′s content and related concepts.The application value of this paper is, on one hand, to provide a reference for the formulation of cost and expense standards in government accounting standards, and on the other hand, to better its cost accounting method, and to lay system foundation for increasing accuracy efficiency and timeliness of cost accounting.And corresponding proposals were offered to make public hospitals′ cost accounting results better applied in hospital management, government pricing and social insurance payment. Key words: Public hospitals; Cost accounting system; Matching principle; Accrual basis; Efficiency of cost accounting