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Within the higher education sector, financial issues are seen as of
increasing importance to the extent that virtually everyone in the
sector requires some financial knowledge. At the same time the
issues can be very varied and complex, ranging from the strategic
allocation of resources at the national level down to the detailed
financial management of activities at higher education departmental
level.
This book aims to explain the key issues in finance and management
in higher education. It is a professional guide that is
authoritative and comprehensive enough for professional
accountants, yet accessible to non-finance professionals, with
case-studies and examples throughout. The authors avoid looking at
financial issues in isolation but consider the context in which
higher education operates, including: the structure and culture of
the sector, funding approaches, organizational arrangements, and
the impact of recent policies on financial management. All key
areas of finance are covered, including: financing structures,
allocating resources, strategic financial planning, managing
budgets, costing and pricing, financial control and audit,
financial accounting and accountability, the role of the finance
department, and improving performance.
Full of tried and tested case material, examples and useful
illustrations, this book considers the latest developments and
covers all levels of financial management from the structure of the
management of institutions right down to the course level and
managing budgets.
The public sector in the UK has undergone radical change over the
last two decades. Consequently, managers and service professionals
have had to adopt new ways of working and acquire a wide range of
new managerial skills to deal with the changes that have taken
place. The continuing process of change in the public sector also
means that these managerial skills need to be continually
maintained and developed. This book provides comprehensive coverage
of public sector management approaches covering: c Strategy c
Finance c Human resources c Marketing c Quality c Information
systems. Thus it provides managers, professionals and students with
a clear understanding of the main elements of each aspect of
management as applied in public sector organizations. The book also
outlines the ongoing changes which will impact on public sector
organizations in the future and discusses the implications of these
changes for public sector management methods.
Management accounting education has long revolved around
large-scale traditional manufacturing industries. We know that this
is no longer the operating environment for many businesses and yet
many textbooks have not undergone the changes that these
organisations have. Management Accounting in the Contemporary
Business World recognises the changes that have taken place, such
as the shift from manufacturing to services, globalization and the
increased role of technology, and addresses the issue of how
management accounting should be undertaken in modern operating
environments. The book provides a comprehensive discussion about
the nature of the changes involved and their implications for all
aspects of management accounting in the operational, tactical and
strategic spheres. The content of the book is enhanced by the use
of many practical case studies.
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