University Finances: Accounting and Budgeting Principles for Higher Education
ISBN: 1421427257
EAN13: 9781421427256
Language: English
Pages: 424
Dimensions: 1.00" H x 10.00" L x 7.00" W
Weight: 2.00 lbs.
Format: Hardcover

University Finances: Accounting and Budgeting Principles for Higher Education

Book Overview
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.