
University Finances
Accounting and Budgeting Principles for Higher Education
- English
- ePUB (mobile friendly)
- Available on iOS & Android
About this book
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.
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Information
Table of contents
- Cover Page
- Title Page
- Copyright Page
- Contents
- Preface
- Abbreviations
- 1. University Financial Management
- 2. Principles of Accounting
- 3. Income
- 4. Expenses
- 5. Capital Assets
- 6. Budgets
- 7. Financial Reports
- 8. Grants and Contracts
- 9. Indirect Costs
- 10. Institutional Financial Strategies
- Index