Budgeting for Not–for–Profit Organizations

A well–functioning budget process is more than a set of procedures––it provides a focus for the organization and management to analyze key financial and strategic issues. This invaluable reference addresses the fundamentals of managerial incentives, resource allocation, and practical ways in which these incentives can be managed to serve the strategic goals of the organization by taking an in–depth look at the principles of budgeting for not–for–profit organizations––higher education, charities and foundations, religious organizations, and hospitals and healthcare organizations.

Spis treści:
General Concepts of Budgeting.
THE BUDGET PROCESS.
Budget Cycle.
Components of a Budget.
Operating Budget.
Capital Budgets.
Cash Budget.
MANAGING AN ORGANIZATION′S FINANCES.
SLong–Range Financial Plans.
Monitoring Budget Results.
Managing the Process.
Financial Analysis.
Controlling Costs.
Deficits and Surpluses.
Budget Cuts.
Planning and Managing Human Resources.
TRENDS IN BUDGETING.
Reallocation Systems (Zero–Based Budgeting and Activity–Based Budgeting).
Responsibility Center Management and Budgeting.
TOOLS.
Documents and Statements.
Automation.
Glossary.
Bibliography.
Index.