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 examplesSome 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.
- ISBN10 1421427257
- ISBN13 9781421427256
- Publish Date 30 April 2019
- Publish Status Active
- Publish Country US
- Imprint Johns Hopkins University Press
- Format Hardcover
- Pages 424
- Language English
- URL http://jhupbooks.press.jhu.edu/ecom/MasterServlet/GetItemDetailsHandler?iN=9781421427256&qty=1&viewMode=1&loggedIN=false&JavaScript=y