Costing, Budgeting and Financial Reporting: A Report on Current Practice in the Further Education Sector. Research Report.

Institution	Learning and Skills Development Agency, London (England).
Titel	Costing, Budgeting and Financial Reporting: A Report on Current Practice in the Further Education Sector. Research Report.
Quelle	(2000), (21 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
ISBN	1-85338-690-1
Schlagwörter	Quantitative Daten; Accounting; Adult Learning; College Programs; Educational Finance; Educational Practices; Foreign Countries; Information Utilization; Institutional Research; Money Management; National Surveys; Postsecondary Education; Program Budgeting; Program Costs; Questionnaires; Recordkeeping; Reports; United Kingdom + Suchen Sie Ihr Suchwort? Abrechnung; Buchführung; Buchhaltung; Adulte education; Adult training; Erwachsenenbildung; Studienprogramm; Bildungsfonds; Bildungspraxis; Ausland; Informationsnutzung; Institutionelle Forschung; Post-secondary education; Tertiäre Bildung; Fragebogen; Leistungsnachweis; Abschlussbericht; Berichten; Großbritannien
Abstract	The approaches to costing, budgeting, and financial reporting being used in further education (FE) colleges in the United Kingdom as of autumn 2000 were examined through a questionnaire that was circulated to all finance directors in the FE college sector. Approximately one-third of the sector (144 FE colleges) responded. The responding FE colleges were broadly representative of the sector. Nearly all colleges reported using delegated budgets. Although the majority of FE colleges appeared to be making good use of costing and other financial information, significant variations in practice and room for improvement were identified. It was concluded that, although there is no single right approach to costing, budgeting, and financial reporting, many FE colleges could improve their practice by examining the range of approaches used in other colleges. The following are among specific strategies for FE colleges to consider: (1) produce management accounts at the cost center level on a monthly basis; (2) make greater use of zero-based budgeting; (3) provide regular income and expenditure reports for all course teams; (4) use course costing information based on frequently updated costing sheets; and (5) set guidelines based on minimum student numbers and other key indicators. (Contains 21 figures.) (MN)
Anmerkungen	Learning and Skills Development Agency, Citadel Place, Tinworth Street, London SE11 5EH, United Kingdom. Tel: 020 7962 1066; Fax: 020 7840 5401; Web site: http://www.LSagency.org.uk. For full text: http://www.LSagency.org.uk/pubs/dbaseout/download.asp?code=I SBN1853386901.
Erfasst von	ERIC (Education Resources Information Center), Washington, DC