Cost accounting is responsible for measuring, recording and reporting information about costs of organizations. In many cases, cost accounting and managerial accounting are considered accounting for ...

A system that offers interoperability across various functions-such as budgeting, long-range planning, productivity, cost accounting, and management reporting-enables data integration that is not ...

Healthcare spending is expected to hit $6 trillion by 2027, up from $3.6 trillion in 2018, according to CMS’ national health expenditure projections. The spending projections mark an average annual ...

40 McNuggets for $13.99 sounds like an unbelievable deal. So, maybe it is. Groups like the Sustainable Food Trust are on a mission to demonstrate how, in the current commodity food system, big ...

Do these two questions sound familiar? “What makes a good hospital or medical group cost accounting implementation?” and “What is important to know when one embarks in a hospital or medical group cost ...

Cost accounting is a process that involves recording, analyzing, and reporting a company's expenses in detail. Unlike financial accounting, cost accounting is an internal process used only by company ...

Accounting provides a means for recording and conveying economic data for compliance and decision-making purposes according to AccountingVerse. The three components of accounting systems are ...

Although President Joe Biden’s American Rescue Plan Act of 2021 will benefit hospitals through its expansion of subsidies to private insurance coverage, forthcoming federal budget pressure from the ...

Every month, UPMC’s top brass gathers to study three very important green, red and blue squiggly lines that bounce up and down and up again across the length of several charts. The lines represent the ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...