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Budgets and Financial Management in Higher Education by George S. McClellan and

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ISBN
9781119287735

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Product Identifiers

Publisher
Wiley & Sons, Incorporated, John
ISBN-10
1119287731
ISBN-13
9781119287735
eBay Product ID (ePID)
240261064

Product Key Features

Number of Pages
240 Pages
Language
English
Publication Name
Budgets and Financial Management in Higher Education
Subject
Administration / General, Education, Higher, Teaching Methods & Materials / Mathematics
Publication Year
2018
Type
Textbook
Subject Area
Education, Business & Economics
Author
Margaret J. Barr, George S. Mcclellan
Format
Hardcover

Dimensions

Item Height
0.9 in
Item Weight
14.4 Oz
Item Length
9 in
Item Width
6.1 in

Additional Product Features

Edition Number
3
Intended Audience
Scholarly & Professional
LCCN
2017-033424
Dewey Edition
22
Dewey Decimal
378.1/06
Table Of Content
Figures, Tables, and Exhibits vii Preface xi About the Authors xvii 1. The Fiscal Context and the Role of the Budget Manager 1 2. Primary Elements of the Budget: Revenue and Expenses 31 3. Understanding Budgets 61 4. Management of the Budget Cycle 95 5. Understanding Auxiliary and Capital Budgets 127 6. Problems and Pitfalls in Budget Management 149 7. Managing Budget Fluctuations 175 Glossary of Terms 203 Index 209
Synopsis
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., Find Practical Approaches to Many Complex Problems in Fiscal Management Budgets and Financial Management in Higher Education helps new administrators understand and become more proficient in their financial management role within an institution. Grounded in the latest knowledge base and filled with examples from across all types of institutions, it makes for an ideal text for 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 the loss of resources Includes end-of-chapter reflection questions and an expanded glossary of terms Highly accessible for students and practitioners alike, this valuable resource offers solid guidance readers can immediately put to use in their work., 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., Budgets and Financial Management in Higher Education helps new administrators understand and become more proficient in their financial management role within an institution. Grounded in the latest knowledge base and filled with examples from across all types of institutions, it makes for an ideal text for 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 the loss of resources Include end-of-chapter reflection questions and an expanded glossary of terms Highly accessible for students and practitioners alike, this valuable resource offers solid guidance readers can immediately put to use in their work., 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 books guidance to immediate use in their work.
LC Classification Number
LB2342.B3245 2018

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