Financial Management of Libraries and Information Centers

Financial Management of Libraries and Information Centers cover

Financial Management of Libraries and Information Centers

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Description

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.

Table of Contents

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

Product details

Published Aug 22 2016
Format Paperback
Edition 1st
Extent 384
ISBN 9781440850134
Imprint Libraries Unlimited
Dimensions 10 x 7 inches
Publisher Bloomsbury Publishing

About the contributors

Author

Robert H. Burger

Robert H. Burger, PhD, is professor emeritus, univ…

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