Financial Management of Libraries and Information Centers
by Robert H. Burger
August 2016, 370pp, 7x10
1 volume, Libraries Unlimited

Paperback: 978-1-4408-5013-4
$85, £63, 71€, A122
eBook Available: 978-1-4408-5014-1
Please contact your preferred eBook vendor for pricing.

This book covers a range of financial management skills relevant to library operations—topics that are not typically taught in LIS programs.

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.

Features

  • Addresses a topic of growing concern to library managers that is applicable to all types of libraries
  • Offers readers a formal, comprehensive introduction to financial management—not just an aspect such as cost benefit analysis, budgeting, or fundraising
  • Includes forms and worksheets that help readers better understand the concepts
  • Supplies clear and detailed explanations of financial concepts and practical applications
Robert H. Burger, PhD, is professor emeritus, university library and adjunct professor, School of Information Sciences at the University of Illinois at Urbana-Champaign. He holds a doctorate in library and information science from the University of Illinois and is a registered certified public accountant. Burger is the author of several books on library-related topics, including Library Unlimited's Authority Work: The Creation, Use, Maintenance, and Evaluation of Authority Records and Files and Praeger's Information Policy: A Framework for Evaluation and Policy Research, as well as more than 25 articles dealing with library management, technical services, and Slavic and East European studies. He is also a managing partner of Prior Art Documentation Services LLC, a partnership providing information services to intellectual property attorneys.

Reviews

"While Berger’s guide is written as a text for a semester-long course, any librarian or information professional who needs to learn about finance, whether in graduate school or working in the field, will find this book beneficial."—Library Journal, January 11, 2017
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