| Description |
1 online resource |
| Series |
SAGE Knowledge. Cases |
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SAGE Knowledge. Cases
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| Summary |
Determining the fate of an academic department: a case in university budgeting. The case involves an academic department with a chronic budget deficit. The upper administration wants to close the department or its bachelor's program, believing that such action would save money. The problem is the university's budget system. It treats all academic departments as cost centers without understanding that the static cost budget bears no relationship to the real costs of departments and fails to consider that departments generate revenues that would disappear in their absence. Because base budgets were set years ago and never realigned with changing needs, this department consistently runs a deficit. The case requires an ability to sort out relevant information and to deal with uncertainty. It demands that the student recognize that calculated and printed "results" are not sacred and that they may be wrong and misleading. It also illustrates the utter failure of budgets to plan and control when they are not established in a realistic manner |
| Notes |
Originally Published In Vollmers, G., & Coons, W. (2012). Budgeting for an academic department at a state university: Can you believe the numbers? IMA Education Case Journal, 5(1), Article 2 |
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XML content |
| Subject |
Universities and colleges -- Accounting -- Case studies
|
|
Universities and colleges -- Accounting.
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| Genre/Form |
Case studies.
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| Form |
Electronic book
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| Author |
Coons, Wendy, author
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| ISBN |
9781526427144 |
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1526427141 |
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