Highlights the issue of states dipping into public employee pension funds and the long-term problems this may generate. (MLF)

States that government accounting is the product of mixing together budget-oriented and accounting-oriented voices. Presents a history of governmental accounting including the groups involved. An organization chart describes the current standard-setting structure. Accomplishments that improve reporting operations results are listed. (MLF)

In response to the nationwide trend toward increased financial pressures and growing demands by state legislatures for accountability, several large universities (including Indiana University) have adopted various forms of "responsibility center budgeting" (RCB), which has fiscal implications for programs in speech communication and…

The American Library Association (ALA) 1987 Midwinter Conference was characterized by process, particularly the new planning process which threatens to drain ALA's money and leadership energy away from the substantive issues that need attention, such as the next Librarian of Congress's qualifications and services to minorities and the poor. (EM)

Ideas from current economic theory are applied to the nation's attitudes toward higher education. Ideas about asymmetric market information, trust markets, nonprofit firms, and maximization on campus are discussed. Public relations problems concerning accounting, deficits, and interest arbitrage are identified. The need for increased efficiency…

Problems in educational cost accounting and a new cost accounting approach are described in this paper. The limitations of the individualized cost (student units) approach and the comparative cost approach (in the form of fund-function-object) are illustrated. A new strategy, an activity-based system of accounting, is advocated. Borrowed from…

Reasons for a lack of management accounting topics in business education include the following: (1) already full curriculum; (2) shortage of qualified teachers (Certified Public Accounting faculty outnumber Certified Management Accounting faculty 7:1); and (3) students prefer public accounting. (SK)

The chief financial officer (CFO) of St. John Fisher College (New York) analyzes the costs associated with the implementation of quality management at St. John Fisher and outlines one way to determine whether the investment is yielding an acceptable internal rate of return. (DB)

Fund balance is the accumulated difference between revenues and expenditures. In the absence of state law, school boards should adopt sound policy regarding fund balance accumulation. Excesses of fund balance raise significant questions about school district management. Fiscal leaders of schools must make every effort to channel all school…

School-site budgeting puts the burden of responsibility directly on the local school and allows for more public involvement; however, it increases responsibilities and demands on time for administrators and teachers. (MLF)

Explores meaning of managerial accounting in libraries and discusses instructional program for students of library and information science based on experience in School of Library and Information Science at University of California, Los Angeles. Management decision making (budgeting, performance evaluation, overhead, resource allocation,…

Underscores the importance of informed decision making through accurate anticipation of cost incurrence in light of changing economic and environmental conditions. Explains the concepts of cost accounting, full allocation of costs, the selection of an allocation base, the allocation of indirect costs, depreciation, and implications for community…

Reaffirms necessary elements for the successful operation of college purchasing and maintenance programs (e.g., purchasing calendar, bidding procedures, vendor selection, contracting services, budgeting for maintenance, and workforce analysis). Discusses ways some colleges are saving on operating costs (e.g., solar energy, energy management,…

Describes the budget models and guidelines of the schools in the Diocese of Grand Rapids, Michigan, which are designed to provide consistency among the schools and to enable the schools to operate on sound business principles. Discusses the process' key components: policy development, budget calendar implementation, and budget preparation. (AJL)

The skill levels of school business administrators can be divided into technical, human relations, and conceptual. Field-based research revealed that the more the districts rely on shared decision making, the higher the esteem and trust the other administrators had for the business administrator. (MLF)