• provides an understanding of the basics of budgeting and fiscal management in higher education
• defines the elements of a budget, the budget cycle, and the steps for creating a budget
• suggests ways of avoiding common pitfalls and problems of managing budgets
• contains effective strategies for dealing with loss of resources
• includes end-of-chapter reflection questions and an expanded glossary of terms Written in plain language this volume provides practical approaches to many complex problems in fiscal management.
This new edition of the book contains new information in every chapter reflecting both the most recent developments in higher education and feedback from readers of the earlier edition. The information on the current higher education financial environment has been updated, and the case studies have been revised. Readers will be introduced to Bowen's theory of resources and expenses as an important way to understand budgetary decision making in colleges and universities. Special attention is paid to the use of restricted funds, the budget implications of faculty appointments and the challenges caused by personnel policies for staff. In addition, greater attention is given to development and implementation of repair and replacement programs in auxiliary enterprises. The challenges that arise when budget problems are postponed are also discussed. The volume contains a number of suggestions for practitioners with new budgeting and fiscal responsibilities.
• provides an understanding of the basics of budgeting and fiscal management in higher education
• defines the elements of a budget, the budget cycle, and the steps for creating a budget
• suggests ways of avoiding common pitfalls and problems of managing budgets
• contains effective strategies for dealing with loss of resources
• includes end-of-chapter reflection questions and an expanded glossary of terms Written in plain language this volume provides practical approaches to many complex problems in fiscal management.
This new edition of the book contains new information in every chapter reflecting both the most recent developments in higher education and feedback from readers of the earlier edition. The information on the current higher education financial environment has been updated, and the case studies have been revised. Readers will be introduced to Bowen's theory of resources and expenses as an important way to understand budgetary decision making in colleges and universities. Special attention is paid to the use of restricted funds, the budget implications of faculty appointments and the challenges caused by personnel policies for staff. In addition, greater attention is given to development and implementation of repair and replacement programs in auxiliary enterprises. The challenges that arise when budget problems are postponed are also discussed. The volume contains a number of suggestions for practitioners with new budgeting and fiscal responsibilities.
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Budgets and Financial Management in Higher Education
240![Budgets and Financial Management in Higher Education](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Budgets and Financial Management in Higher Education
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Product Details
ISBN-13: | 9781119287766 |
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Publisher: | Wiley |
Publication date: | 12/21/2017 |
Sold by: | JOHN WILEY & SONS |
Format: | eBook |
Pages: | 240 |
Sales rank: | 807,751 |
File size: | 854 KB |