ERIC Number: ED084937
Record Type: RIE
Publication Date: 1973-Jun
Reference Count: 0
The University Treasurer's Report Can Make Sense Without Abandoning Fund Accounting or Stewardship. NACUBO, The College and University Business Officer, Studies in Management, Vol. 2, No. 9, June, 1973.
Wilkinson, William M.
This article suggests that all too often college and university financial reports are meaningless. They indicate the current funds "surplus" or "deficit" that has been the typical university response when asked how the university did that year. In place of this, the university financial support should look at the total picture of the university, at a consolidated balance sheet, and at a consolidated changes in fund balances statement. The treasurer's report should show readily and distinctly whether the university ended the year with more or less tangible resources than it had at the beginning, and in what form; whether buildings, endowment, or working capital. (Author/MJM)
Descriptors: Annual Reports, Educational Finance, Financial Services, Financial Support, Higher Education, School Accounting
National Association of College and University Business Officers, One Dupont Circle, Washington, D.C. (1-10 copies, free)
Publication Type: N/A
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.
Note: Series of Occasional Papers published by NACUBO