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Covering everything from auditing and budgeting to contracts, revenue and expenditures, forecasting, and ethics in financial management, this book addresses the full spectrum of topics and skills needed by today's library managers. Many library managers learn financial management on the job, within the framework of a specific organization. The "sink or swim" method of skill acquisition can be effective, but it is inefficient, stressful, and typically leaves one lacking in foundational concepts and principles. This book provides a logical, organized way for library school students, librarians,…mehr
Covering everything from auditing and budgeting to contracts, revenue and expenditures, forecasting, and ethics in financial management, this book addresses the full spectrum of topics and skills needed by today's library managers. Many library managers learn financial management on the job, within the framework of a specific organization. The "sink or swim" method of skill acquisition can be effective, but it is inefficient, stressful, and typically leaves one lacking in foundational concepts and principles. This book provides a logical, organized way for library school students, librarians, and others such as library board members to gain the specific knowledge critical to the financial management of libraries and information centers. This book covers the full spectrum of topics and skills needed by today's managers-from the basics of budgeting, accounting, and financial statements to audits, forecasting, risk management, and revenue sources. There are even chapters on ethical considerations and advocacy. The skills readers will learn from this guide are of critical importance in this era of financial constraints and accountability at every level of the organization. Students in management and financial management courses and practicing library managers seeking to improve their financial management skills will find this book an essential tool for success.
Robert H. Burger, PhD, is professor emeritus, university library and adjunct professor, School of Information Sciences at the University of Illinois at Urbana-Champaign.
Inhaltsangabe
CONTENTS Introduction SECTION I: FINANCIAL STATEMENTS Chapter 1: Financial Management as Information Management Chapter 2: Novice Financial Management: Your First Budget Chapter 3: Basic Financial Statements Chapter 4: The Accounting Process, or How Financial Statements are Produced Chapter 5: How Governmental Financial Statements Differ from Not-for-Profit and For-Profit Financial Statements Chapter 6: Other Elements of Financial Statements and Financial Statement Analysis Chapter 7: Internal Control and Auditing of Financial Statements SECTION II: BUDGETING Chapter 8: Estimation, Forecasting and Financial Risk Management Chapter 9: Budgets: General Aspects Chapter 10: Budgets: Heuristics, Choice Architectures, and Decision Traps Chapter 11: Capital Budgeting SECTION III: REVENUES Chapter 12: Time Value of Money Chapter 13: Revenue Sources: Tax Revenue Chapter 14: Bonds and Their Role in Revenue for Capital Projects and Other Areas Chapter 15: Revenue Sources: Tuition, Grants, Gifts and Fundraising, Fees and Fines SECTION IV: EXPENDITURES Chapter 16: Contract Basics Chapter 17: Expenditures: Personnel Chapter 18: Expenditures: Collections Chapter 19: Expenditures: IT, Facilities, and Other Operating Expenses SECTION V: COST ACCOUNTING IN LIBRARIES Chapter 20: Cost Accounting: General Aspects, Types of Costs, Cost Calculations Chapter 21: Cost Accounting: Role in Measurement and Evaluation of Services Chapter 22: Cost Accounting: Activity Based Costing Chapter 23: Cost Accounting: Differential Costing and Break Even Analysis SECTION VI: MARKETING AND COMMUNITY TRUST Chapter 24: Marketing, Public Affairs, and Development Chapter 25: Ethics and Financial Management SECTION VII: CONCLUSION Chapter 26: Conclusion Glossary Index
CONTENTS Introduction SECTION I: FINANCIAL STATEMENTS Chapter 1: Financial Management as Information Management Chapter 2: Novice Financial Management: Your First Budget Chapter 3: Basic Financial Statements Chapter 4: The Accounting Process, or How Financial Statements are Produced Chapter 5: How Governmental Financial Statements Differ from Not-for-Profit and For-Profit Financial Statements Chapter 6: Other Elements of Financial Statements and Financial Statement Analysis Chapter 7: Internal Control and Auditing of Financial Statements SECTION II: BUDGETING Chapter 8: Estimation, Forecasting and Financial Risk Management Chapter 9: Budgets: General Aspects Chapter 10: Budgets: Heuristics, Choice Architectures, and Decision Traps Chapter 11: Capital Budgeting SECTION III: REVENUES Chapter 12: Time Value of Money Chapter 13: Revenue Sources: Tax Revenue Chapter 14: Bonds and Their Role in Revenue for Capital Projects and Other Areas Chapter 15: Revenue Sources: Tuition, Grants, Gifts and Fundraising, Fees and Fines SECTION IV: EXPENDITURES Chapter 16: Contract Basics Chapter 17: Expenditures: Personnel Chapter 18: Expenditures: Collections Chapter 19: Expenditures: IT, Facilities, and Other Operating Expenses SECTION V: COST ACCOUNTING IN LIBRARIES Chapter 20: Cost Accounting: General Aspects, Types of Costs, Cost Calculations Chapter 21: Cost Accounting: Role in Measurement and Evaluation of Services Chapter 22: Cost Accounting: Activity Based Costing Chapter 23: Cost Accounting: Differential Costing and Break Even Analysis SECTION VI: MARKETING AND COMMUNITY TRUST Chapter 24: Marketing, Public Affairs, and Development Chapter 25: Ethics and Financial Management SECTION VII: CONCLUSION Chapter 26: Conclusion Glossary Index
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