In the 21st century, the rapid pace and complexity of economic, technological and cultural changes require women and men to adapt and re-adapt throughout their lives--all the more so in the context of globalisation. In this era of the knowledge society--where production structure is shifting towards greater knowledge use and away from reliance on…

In July 1984, the Governmental Accounting Standards Board began its "Measurement Focus/Basis of Accounting" project, which addresses measurement issues and revenue and expenditure recognition problems involving governmental funds. This article explains the project's background, alternatives discussed by the board, and tentative…

The 1996 National Association of College and University Business Officers (NACUBO) study of 472 colleges' endowment fund performance found an equal-weighted mean return of 17.2%, with private institutions faring slightly better than public institutions. Data are presented on investment pool asset allocations, investment pool nominal returns,…

If faculty and other groups are to play a significant role in the budget process, the administration should format the budget to invite discussion. A properly prepared budget can serve as an excellent means of consensus building on campus. A new technique known as "framework" budgeting is described. (MLW)

Summarizes techniques for interpreting the balance sheet and the statement of revenues, expenditures, and changes-in-fund-balance sections of the comprehensive annual financial report required of all school districts. Uses three tables to show intricacies involved and focuses on analyzing favorable and unfavorable budget variances. (MLH)

Directors of 87 resident camps affiliated with the American Camping Association responded to a random sample survey and provided data to compile this first collection of camp operating ration tables. Fifty-three tables show average percentage of total, median percentage of total, average in dollars, and median in dollars statistics in 14 income…

This report provides a 5-year projection regarding finances and influencing conditions for the Metropolitan Community College District. The first section details revenue assumptions, focusing on historical and projected enrollments, district tax revenues, state aid, student fees, federal and vocational revenue, investments,…

Different kinds of financial data are needed by different levels of management and in different areas of support. Accounting principles for nonprofit organizations need to be determined. Accrual accounting principles, fund accounting, restricted and unrestricted funds, etc., are described. (MLW)

Examines findings from a 1984 study related to enrollment, tuition, income and expenses, and faculty salaries at 15 Minnesota Catholic secondary schools over a seven-year period. Finds slight enrollment declines, consistently high retention rates, a doubling of tuition, and failure of faculty salaries to keep pace with inflation. (DMM)

A study examined the economic relationship between growth in dentistry and supply/demand factors. Output, or real per capita dental expenditures, is seen as a function of consumer income, dental insurance, and dentist supply. Analysis indicates a significant relationship between dental sector growth and economic market factors, including growth in…

A 1989-90 report based on statistics from 531 public community and junior colleges in 36 states is summarized, including information on expenditures, revenues, and staffing. Tables provide (1) a summary by region; (2) a ranked list of states by revenues; and (3) a ranked list of states by total expenditures. (DB)

Facing severe budget reductions in 1991 despite institutional restructuring in response to budget cuts in the mid-80s, the Chancellor's Ad Hoc Budget Planning Group at the University of Alaska Fairbanks (UAF) proposes a process for fiscal change while aiming to retain institutional excellence. A first section states the current problem, reviews…

Fiscal year 1982 data on the total revenue and expenses and changes in fund balances of the 21 provincially-assisted universities of Ontario are presented. The presentation of information using consistent categories and definitions for all universities and colleges in Ontario is explained. In addition to financial data for each institution,…

The Tax Reform Act of 1986 changed the tax laws that affect how law schools raise revenue and how law faculty make expenditures. All law faculty should become familiar with the changes so as to minimize the potentially adverse consequences to themselves and their institutions. (MSE)

Offers a four-stage process to formalize school budgetary procedures, covering goals and philosophy, employee responsibilities, consistent budgetary allocation procedures, and comprehensive evaluation of the budgetary process. (JW)