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.

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.

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.