Most librarians achieve the exalted ranks of management by knowing a good deal about how to deliver library services, manage library workers, and get along with library boards. Many often don't know the arcane details of managing money. Librarians can make budgets and complete the fiscal year without overspending, but as to the details of accounting and auditing practice, they're often completely in the dark. This article provides some information on managing money and how librarians can apply it to their budgets.