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Financial Management and Control in Higher Education - Eric Morgan

Financial Management and Control in Higher Education

Hardcover Published: 28th October 2004
ISBN: 9780415335386
Number Of Pages: 286

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Within the higher education sector, financial issues are seen as of increasing importance to the extent that virtually everyone in the sector requires some financial knowledge. At the same time the issues can be very varied and complex, ranging from the strategic allocation of resources at the national level down to the detailed financial management of activities at higher education departmental level.
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, with case-studies and examples throughout. The authors avoid looking at financial issues in isolation but consider the context in which higher education operates, including: the structure and culture of the sector, funding approaches, organizational arrangements, and the impact of recent policies on financial management. All key areas of finance are covered, including: financing structures, allocating resources, strategic financial planning, managing budgets, costing and pricing, financial control and audit, financial accounting and accountability, the role of the finance department, and improving performance.

'A professional guide that is authoritative and comprehensive enough for professional accountants, yet accessible to non-finance professional, with case studies, examples and diagrams throughout to better explain the concepts.' - Education Executive, September 2005

List of figuresp. vii
List of tablesp. ix
List of case studiesp. xi
Forewordp. xiii
Prefacep. xv
Abbreviationsp. xvii
Introductionp. 1
Financing the Higher Education sectorp. 13
Allocating resources in the HE sectorp. 49
Strategic business planning: the financial dimensionp. 72
Budgetary systems and budgetary managementp. 100
Costing and costing systemsp. 123
Pricingp. 156
Financial control and auditp. 176
Financial accounting and accountabilityp. 202
The organisation and staffing of the HE finance functionp. 233
Improving performance in the HE sector: the finance function contributionp. 244
Future trends in the HE sector: the financial implicationsp. 252
Recent developmentsp. 273
Referencesp. 279
Further information and readingp. 282
Indexp. 283
Table of Contents provided by Ingram. All Rights Reserved.

ISBN: 9780415335386
ISBN-10: 0415335388
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 286
Published: 28th October 2004
Publisher: TAYLOR & FRANCIS
Country of Publication: GB
Dimensions (cm): 24.18 x 16.26  x 2.21
Weight (kg): 0.59
Edition Number: 1