Financial Management and Control in Higher Education PDF Download

Author: Malcolm Prowle
Publisher: Psychology Press
ISBN: 9780415335386
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
This book explains the key issues in finance and management in higher education and provides practical guidance. It is a professional handbook, authoritative and comprehensive enough for accountants yet written in an engaging and accessible style that will be understood by professionals who do not have a background in finance.Full of tried and tested case material, examples and useful illustrations, this book considers the latest developments and covers all levels of financial management from the structure of the management of institutions right down to the course level and managing budgets.Financial Management and Control in Higher Education is an invaluable guide for anyone in higher education with a level of financial responsibility, and will be a source of advice that is referred back to again and again.

Author: Margaret J. Barr
Publisher: John Wiley & Sons
ISBN: 1119287731
Category : Education
Languages : en
Pages : 240

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Book Description
This book will help new administrators (department chairs, directors, deans) understand and become more proficient in their financial management role within the institution. Highly accessible, practitioners will be able to put the book's guidance to immediate use in their work. It is also grounded in the latest knowledge base and filled with examples from across all types of institutions, so that it makes an ideal text for a courses in graduate programs in higher education leadership and administration. Specifically, the book: • 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.

Author: Malcolm Prowle
Publisher: Psychology Press
ISBN: 9780415335393
Category : Business & Economics
Languages : en
Pages : 308

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Book Description
This book aims to explain the key issues in finance and management in higher education. It is a professional guide that is authoritative and comprehensive enough for professional accountants, yet accessible to non-finance professionals.

Author: Rosalind Levačić
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 244

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Book Description
Sets out the basic principles and techniques of financial management in education such as budget preparation, budgetary control, costing educational activities and formula funding, and considers the organizational and micro-political context within which financial management in education is undertaken.

Author: Bob Lawrence
Publisher: Psychology Press
ISBN: 0750704454
Category : Universities and colleges
Languages : en
Pages : 209

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Book Description
Part of the "Managing Colleges Effectively" series, this text is aimed at governors, managers and other non-financial staff at all levels of further education institutions who possess financial/resource management responsibilities as part of their jobs.

Author: Mary P. McKeown-Moak
Publisher: IAP
ISBN: 1623964954
Category : Education
Languages : en
Pages : 397

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Book Description
There is a void in the literature on how to conduct research in the finance and economics of higher education. Students, professors, and practitioners have no concise document that examines the field, provides history, definitions of terms, sources of data, and research methods. Higher Education Finance Research: Policy, Politics, and Practice fills that void. The book is structured in four parts. The first section provides a brief history and description of the general organization of American higher education, the sources and uses of funds over the last 100 years, and who is served in what types of institutions. Definitions of terms that are unique to higher education are provided, and some basic rules for conducting research on the economics and finance of higher education are established. Although in some ways, conducting research in higher education funding is similar to that for elementary/secondary education, there are some important distinctions that also are provided. The second section introduces guiding philosophies, sources of data, data elements/vocabulary, metrics, and analytics related to institutional revenues and expenditures. Chapters in this section focus on student oriented revenues, institutionally-oriented revenues, and funding formulas. The third section introduces accountability-related concepts by first examining the accountability movement in higher education and performance-based approaches applied in budgeting and funding, then looking at methods to determine public and private returns on investment in postsecondary education, and closing with an examination of finance from the perspective of the primary consumer: students. The fourth and last section of the book focuses on presenting postsecondary finance research to policy audiences to assist in connecting academic research and policy making. Chapters focus on accounting for time considerations in analysis, the placing of data in context to make the data and findings relevant, and ways to effectively communicate findings to various policy-making audiences.

Author:
Publisher:
ISBN: 9780851431697
Category : Education, Higher
Languages : en
Pages : 36

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Book Description

Author: Robert P. Lawrence
Publisher: Routledge
ISBN: 1135783918
Category : Education
Languages : en
Pages : 209

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Book Description
This text is part of the "Managing Colleges Effectively" series that is designed for managers at all levels and governors of colleges in the new further education sector who are undertaking new and enhanced management tasks and responsibilities arising out of incorporation. This book is also relevant to similar areas in schools - particularly grant maintained and independent schools - and higher education generally.; This is an easy-to-read-and-follow practical book for non-specialist staff who have financial/resource management responsibilities as part of their jobs. It is aimed at the manager at all levels of the institutions and for those who want to know more about college finance and require a practical and comprehensive guide.

Author: Christopher M. Mullin
Publisher: John Wiley & Sons
ISBN: 1118954939
Category : Education
Languages : en
Pages : 336

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Book Description
Smart financial management means more students served Community College Finance provides an introduction to best practices for community college leaders and their boards, with guidance on the complex regulations, processes, and considerations surrounding the financial management of these unique institutions. As community colleges continue to increase in importance, this book provides non-technical yet extensive information to guide current and future leaders toward the establishment of effective processes to secure and maintain the funding that is so crucial to the education and future of millions of students nationwide. Readers will gain insight into the background and foundation of community college finance and learn the essentials of practice in today's economic and political climate. The discussion covers student financial aid, tuition, budgeting, and more, and explores the future of federal policy and what it means for the institutions that play such a critical role in the nation's educational system. Over eight million students attend more than a thousand community colleges in the United States today, and those colleges are now facing the retirement of their founding generation of leadership. Meanwhile, the balance between traditional funding sources is shifting as new models and approaches are being implemented, and comprehensive, guiding resources are lacking. This book fills that need with expert insight reflecting current realities and a true understanding of the challenges community colleges face. Readers will: Delve into factors affecting funding and the cost of attendance Develop a budgeting style and process that serves the institution Learn to manage fiscal crises effectively without reducing standards Consider the future of federal policy and how it will affect budgeting At a time when a difficult economy raises questions about the value of higher education, the value that community colleges offer becomes ever more clear. Community College Finance provides the guidance leaders need to help their institutions flourish.

Author: Michael B. Paulsen
Publisher: Algora Publishing
ISBN: 0875861350
Category : Education, Higher
Languages : en
Pages : 603

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Book Description
A wide-ranging examination of the governmental and institutional policies and practices, and essential theories and areas of research that in combination establish the foundation, explore and extend the boundaries, and expand the base of knowledge in the field of higher education finance. (Education)