Examination of accounting and tax practices in hospital revolving funds enterprises: The case of Düzce University Hospital

The aim of this study is to provide useful information to health managers and other financial information users by examining the compliance to the Uniform Accounting System and related Tax laws of accounting and tax applications in Revolving Funds of University Hospitals. In this context, were analyzed by document analysis method the accounting and tax transactions 2020 of Düzce University Hospital Revolving Fund Enterprise operating in Düzce Province. Revolving Funds have to fulfill within the framework of the Uniform Accounting System their accounting practices. These businesses are subject to Value Added Tax, Income Tax and Stamp Tax provisions in terms of tax legislation and benefit from some tax exemptions and exceptions. In terms of auditing, all its activities are audited by independent internal auditors and auditors of the Court of Accounts within the scope of Law No. 6085. In terms of accounting practices of the business in question, it has made accounting transactions in accordance with the Uniform Accounting System. On the other hand, it has been determined that there is no cost accounting system and there are differences in some accounting applications. In addition, it has been determined that the expenses are more than the income in terms of financial performance, therefore, deferred purchases are made especially in material purchases. The largest income is the income of the Social Security Institution and has made a Global Budget implementation contract with this Institution.