The complexity of costing and charging for electronic information systems and services presents a new financial challenge to librarians and other information service managers. This is a guide to common accounting practices for these systems.
Financial Decision-making for Information Professionals
Published by Thriftbooks.com User , 25 years ago
Although intended for libraries in general, this text presents financial concepts and managerial accounting techniques that have application both for not-for-profit and private organizations. Information systems and services have grown in size and complexity particularly due to the increase of technology purchases. The many case studies and thoughtful explanations can be used to: trace future cost flows, such as maintenance costs, in order to aid in equipment selection decisions; aid in equipment purchase versus lease decisions; determine the break-even level of a service; and predict the impact of various funding levels on service. This very practical book succeeds in making information professionals intelligent consumers of financial information. Typographical errors in the worked examples can be a distraction, but do not obsure the decision-making conclusions.
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