Increasing accountability and efficiency in the use of public and out-of-pocket financing in education are critical to realizing the maximum impact of the meager allocations to education in most developing countries. While broad estimates and numbers are routinely collected by most national ministries and state departments of education, the lack…

Financial accounting methods fall short of fully accounting for the relative sustainability of college and university operations. Management of social, environmental, and economic performance will be aided by changes to and new developments in financial accounting practices to complement other indicators of sustainability.

This report describes statistical indicators developed by the Council of the Great City Schools and its member districts to measure big-city school performance on a range of operational functions in business, finance, human resources and technology. The report also presents data city-by-city on those indicators. This is the second time that…

The U.S. Government manual for school accounting is due to be revised this year. (RA)

The Joint Accounting Group (JAG) has as its primary goal to develop a capability to provide uniform transactional finance data at the institutional level. Such data should effectively meet the needs of public reporting, institutional financial management, and program planning. The group believes that the attainment of this goal requires uniformly…

This booklet on the finance of education is designed for nonfinancial administrators and trustees of institutions of higher education. It is meant to familiarize such educational officers with basic concepts, ideas, terminology, and practices in the financial realm. No attempt is made to present analytical details, economic elaborations, or…

Argues that school officials throughout the United States must adopt standardized school accounting procedures and terminology to permit meaningful comparison of educational expenditure and cost data and to provide an equitable basis for the distribution of federal educational aid. (JG)

This document presents the background and analysis of the American Institute of Certified Public Accountants (AICPA) guide to auditing colleges and universities. Highlights include the approval of the market value option, the treatment of endowment gains, debt services as transfers, the decisions on pledges, the use of financial statements, the…

Only with careful planning can school business managers develop fixed asset information and good recordkeeping. Use of a simple inventory system and discussion with school districts already utilizing this system will assist planning. (CJH)

This report describes statistical indicators developed by the Council of the Great City Schools and its member districts to measure big-city school performance on a range of operational functions in business, finance, human resources and technology. The report also presents data city-by-city on those indicators. This is the second time that…

This paper discusses improving the budget control process for a community college by use of program cost accounting. The authors suggest that adoption of such a program will improve resource allocation and program evaluation, aid planning, and better inform the public about the purposes, costs, and results of school programs. (JG)

Reported is a study of research programs within the University of North Carolina that provided the basic information needed in the preparation of an official policies and procedures statement. Contents include: (1) an inventory of research being conducted; (2) an assessment of various classification schemes for accounting and reporting the…

Describes a computerized student registration and accounting system used at Joliet (Illinois) Junior College that combines a low-cost minicomputer with a conventional batch processing system. (JG)

Small school district administrators can use microcomputers to improve their management abilities and productivity through computerized accounting, electronic mail and online subscription services, and the use of integrated software programs. (MD)

Good college managers can learn from good corporate management. (Author)