ERIC Number: ED125412
Record Type: Non-Journal
Publication Date: 1976-May
Reference Count: N/A
Evaluation of NCHEMS Costing Procedures. NACUBO Special Report 76-2.
National Association of College and University Business Officers, Washington, DC.
The Costing Standards Committee of the National Association of College and University Business Officers (NACUBO) recently completed an evaluation of the "Cost Analysis Manual" (CAM) and the cost study procedures portion of the "Information Exchange Procedures Manual" (IEP), prepared by the National Center for Higher Education Management Systems (NCHEMS). Evaluation procedures and findings are described in this report and recommended procedural changes are listed. Conclusions: Compared to other costing systems designed for higher education, the CAM and IEP systems are relatively simple and may be particularly adaptable for smaller, single-purpose institutions. The systems are available as a package that can possibly be implemented more easily by some institutions than if they were to develop their own customized costing systems. NACUBO feels that additional research is required for the critical areas that remain unresolved: (1) uses of cost information; (2) fixed, variable, and semivariable costs; (3) cost identification and assignment; (4) modification of CAM and IEP costing systems; and (5) direct and indirect costs. NACUBO and NCHEMS staff are now working together on a project dealing with fixed, variable, and semivariable costs and have agreed to cooperate on resolution of the difficulties of complex institutions in using IEP costing procedures and modification of the existing CAM and IEP costing systems. (JT)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.