Presenting financial management principles and best practices applicable to both public and academic libraries, this comprehensive text elucidates a broad array of issues crucial for those entering a managerial position. Both thorough and straightforward, Sannwald's treatment
- gives readers a solid grounding in the basics of accounting and finance, with an emphasis on applicability to library management and operations;
- ties budgets and strategic planning to library vision, mission, goals, and objectives;
- discusses the roles of stakeholders such as boards, governmental/municipal bodies, the university, and the community;
- looks at a variety of funding sources, from tax revenue to gifts and donations, and presents sound strategies for including them when projecting income and expenses;
- articulates and discusses the pros and cons of various budget strategies;
- includes sample budgets and forms that can be customized as needed;
- offers expert guidance on modifying budgets for windfalls and shortfalls;
- explains operating ratios, fiscal benchmarking, and metrics, demonstrating how to use these to effectively create and manage a budget and assess the fiscal health of the library; and
- advises on how to effectively prepare and present a budget and annual financial statements to a library's governing agency.
Financial Management for Libraries
Presenting financial management principles and best practices applicable to both public and academic libraries, this comprehensive text elucidates a broad array of issues crucial for those entering a managerial position. Both thorough and straightforward, Sannwald's treatment
- gives readers a solid grounding in the basics of accounting and finance, with an emphasis on applicability to library management and operations;
- ties budgets and strategic planning to library vision, mission, goals, and objectives;
- discusses the roles of stakeholders such as boards, governmental/municipal bodies, the university, and the community;
- looks at a variety of funding sources, from tax revenue to gifts and donations, and presents sound strategies for including them when projecting income and expenses;
- articulates and discusses the pros and cons of various budget strategies;
- includes sample budgets and forms that can be customized as needed;
- offers expert guidance on modifying budgets for windfalls and shortfalls;
- explains operating ratios, fiscal benchmarking, and metrics, demonstrating how to use these to effectively create and manage a budget and assess the fiscal health of the library; and
- advises on how to effectively prepare and present a budget and annual financial statements to a library's governing agency.
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Financial Management for Libraries
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Financial Management for Libraries
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Product Details
ISBN-13: | 9780838916766 |
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Publisher: | American Library Association |
Publication date: | 04/24/2018 |
Sold by: | Barnes & Noble |
Format: | eBook |
Pages: | 199 |
Sales rank: | 810,462 |
File size: | 10 MB |
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