{"product_id":"9781421427256","title":"University Finances","description":"\u003cp\u003eAs a business, the university must account for the money it receives and spends according to standardized bookkeeping and financial reporting methods. But members of the academic community may not be familiar with standard financial procedures, while accountants may be unaware of the unique financial attributes of colleges and universities. To ease confusion, this book explains the fundamentals of university finances for non-accountants and professionals alike. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eUniversity Finances\u003c\/i\u003e, higher education expert Dean O. Smith \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cli\u003e demystifies basic accounting procedures, budgets, debt financing, and financial statements; \u003c\/li\u003e\u003cli\u003e explores more unusual financial topics, such as methods for calculating fringe benefit rates, bond refunding costs, and indirect cost allocations;\u003c\/li\u003e\u003cli\u003e shows that the use of university wealth is highly restricted by donors, bondholders, government regulators, and others;\u003c\/li\u003e\u003cli\u003e answers nuanced questions, like \"\"How are USDA formula funds calculated?\"\" and \"\"Why does the university pursue more and more research funding when it loses money on every grant?\"\"; and\u003c\/li\u003e\u003cli\u003e illustrates financial calculations using realistic examples.\u003cp\u003e\u003c\/p\u003e\n\u003cp\u003eSome of these explanations are unavailable in print or online to anyone but a handful of professional accountants. Rigorous, detailed, and wide-ranging, \u003ci\u003eUniversity Finances\u003c\/i\u003e is a unique and powerful resource.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003c\/li\u003e","brand":"JOHNS HOPKINS UNIVERSITY PRESS","offers":[{"title":"Default Title","offer_id":43415164354605,"sku":"9781421427256","price":131.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0616\/1298\/2317\/files\/9781421427256.jpg?v=1782635783","url":"https:\/\/lioncrest.com.au\/products\/9781421427256","provider":"Woodslane Education","version":"1.0","type":"link"}