The health sector is very important nowadays. The demand for reducing the expenditure on health is
incumbent. The application of modern scientific management in the sector of health and especially in
university hospitals may reduce the cost and increase its quantity and quality. Private sector’s Hellenic
hospitals can not be the exception to this rule. They have to increase their effectiveness in a time of radical
changes. The role of accounting and control systems within processes of organizational learning and
transformation has been widely debated in the literature. Various researchers have illustrated the potential of
accounting and in order to be more precise the potential of IFRS for visualizing, analyzing and measuring the
current state of a business, for questioning operational and managerial strategies, and for justifying new
courses of action.