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ERIC Number: ED238382
Record Type: RIE
Publication Date: 1979
Pages: 107
Abstractor: N/A
Reference Count: 0
ISBN: ISBN-0-915164-06-X
Financial Responsibilities of Governing Boards of Colleges and Universities.
Association of Governing Boards of Universities and Colleges
A reference manual on financial activities of a college or university and the interactive role of the governing board is presented for board members and institutional officers who provide information to the board. Financial data related to a fictitious hybrid university are included. After identifying three broad kinds of financial information (routine and periodic financial reports, presentations requiring board discussion, and background reports), the following concerns are addressed: the college's overall condition and institutional direction, and external influences. Potential sources of funds and policy issues are considered, along with planning and budgeting concepts needed for a financial strategy. In addition, financial policy issues are discussed concerning faculty and staff, purchasing, maintenance of capital assets, energy, long-term and working capital, fund accounting, and implementing a reporting system. Questions concerning each topic are included. The following types of reports are covered: annual state of the institution, long-range plans and budgets, operating reports, results of operations, and external auditor's report. Sample financial statements, a glossary, and a 36-item bibliography are included. (SW)
Association of Governing Boards of Universities and Colleges. 1133 20th Street NW Suite 300, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site:
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: Policymakers; Administrators; Practitioners
Language: English
Sponsor: Kellogg Foundation, Battle Creek, MI.
Authoring Institution: National Association of College and University Business Officers, Washington, DC.; Association of Governing Boards of Universities and Colleges, Washington, DC.
Note: Document will be marginally legible due to colored ink on colored pages. For a related document, see ED 247 780.