University Finances
Accounting and Budgeting Principles for Higher Education
Published on 30. April 2019
Book
Hardback
424 pages
978-1-4214-2725-6 (ISBN)
Description
An essential and comprehensive guide to university finances.
In University Finances, higher education expert Dean O. Smith
* demystifies basic accounting procedures, budgets, debt financing, and financial statements
* explores more unusual financial topics, such as methods for calculating fringe benefit rates, bond refunding costs, and indirect cost allocations
* shows that the use of university wealth is highly restricted by donors, bondholders, government regulators, and others
* answers nuanced questions, like "How are USDA formula funds calculated?" and "Why does the university pursue more and more research funding when it loses money on every grant?"
* illustrates financial calculations using realistic examples
Some of these explanations are unavailable in print or online to anyone but a handful of professional accountants. Rigorous, detailed, and wide-ranging, University Finances is a unique and powerful resource.
In University Finances, higher education expert Dean O. Smith
* demystifies basic accounting procedures, budgets, debt financing, and financial statements
* explores more unusual financial topics, such as methods for calculating fringe benefit rates, bond refunding costs, and indirect cost allocations
* shows that the use of university wealth is highly restricted by donors, bondholders, government regulators, and others
* answers nuanced questions, like "How are USDA formula funds calculated?" and "Why does the university pursue more and more research funding when it loses money on every grant?"
* illustrates financial calculations using realistic examples
Some of these explanations are unavailable in print or online to anyone but a handful of professional accountants. Rigorous, detailed, and wide-ranging, University Finances is a unique and powerful resource.
More details
Language
English
Place of publication
Baltimore, MD
United States
Target group
Professional and scholarly
Product notice
sewn/stitched
Cloth over boards
Illustrations
20 s/w Zeichnungen
20 Line drawings, black and white
Dimensions
Height: 257 mm
Width: 185 mm
Thickness: 33 mm
Weight
939 gr
ISBN-13
978-1-4214-2725-6 (9781421427256)
DOI
10.1353/book.66161
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
04/2019
Johns Hopkins University Press
€45.49
Available for download
Person
Dean O. Smith has served in the higher administration of four major universities: the University of Wisconsin-Madison, Texas Tech University, the University of Alabama in Huntsville, and the University of Hawaii, where he is now professor emeritus. He is the author of Managing the Research University and Understanding Authority in Higher Education.
Content
Preface
Abbreviations
Chapter 1. University Financial Management
Chapter 2. Principles of Accounting
Chapter 3. Income
Chapter 4. Expenses
Chapter 5. Capital Assets
Chapter 6. Budgets
Chapter 7. Financial Reports
Chapter 8. Grants and Contracts
Chapter 9. Indirect Costs
Chapter 10. Institutional Financial Strategies
Index
Abbreviations
Chapter 1. University Financial Management
Chapter 2. Principles of Accounting
Chapter 3. Income
Chapter 4. Expenses
Chapter 5. Capital Assets
Chapter 6. Budgets
Chapter 7. Financial Reports
Chapter 8. Grants and Contracts
Chapter 9. Indirect Costs
Chapter 10. Institutional Financial Strategies
Index