ERIC Number: ED109945
Record Type: RIE
Publication Date: 1975
Reference Count: 0
Higher Education Finance Manual 1975.
Collier, Douglas J.; Mertins, Paul J.
The Higher Education Finance Manual (HEFM) is intended to serve as a guide to higher education planners and managers in their understanding and use of institutional finance data. It addresses higher education finance data from the layman's perspective. The document includes definitions of accounting terms and descriptions of generally accepted financial statements in addition to outlines of potential uses for the data contained in those financial statements. Chapters discuss: (1) a definition of the problem and objectives of the HEFM project and the relationship of the HEFM to other publications; (2) HEFM data limitations and uses; (3) concepts of fund accounting; (4) definitions of financial terms; (5) uses and limitations of balance sheet, layered balance sheet, columnar balance sheet, and related categories; (6) statement of changes in funding balance including its uses, limitations, and related data categories; (7) statement of current funds revenues, expenditures, and other changes, including statement description, uses, limitations, and related data categories such as revenues and transfers in expenditures and mandatory transfers; (8) current funds source/use format with description of uses, limitations and statement preparation; (9) adaptations of the current funds source/use format including communication with funding sources and with legislature/governing boards, projective planning, resource acquisition/fundraising, and intrainstitutional planning and management; and (10) implications of the HEFM. (Author/KE)
Publication Type: Guides - General
Education Level: N/A
Authoring Institution: Western Interstate Commission for Higher Education, Boulder, CO. National Center for Higher Education Management Systems.; National Center for Educational Statistics (DHEW/OE), Washington, DC.