G. Stevenson Smith is professor of accounting at the College of Business and Economics at West Virginia University. He frequently provides workshops on accounting for libraries and other not-for-profit organizations.
- Table of Contents
- About the Author
Libraries, like many other cultural institutions such as museums, art councils, and theater groups, are looking for answers to the pressing problem of financial stability, and ultimately survival. Cost Control for Nonprofits in Crisis helps managers and directors tackle the harsh realities before them. Smith, an accounting expert and financial analyst, offers
- Techniques for determining the most cost-effective methods of providing services to clients and patrons of nonprofit cultural institutions
- Ways to monitor financial and non-financial performance, and cut out "non-value" activities that drain resources
- Tips for planning efficiently for the future by making sure that today's decisions fit within the institution's mission
The invaluable advice provided in this book allows libraries and other cultural institutions to take control of their budgets by making their dollars go as far as possible.
ONE INTRODUCTION TO COST CONTROL FOR CULTURAL ORGANIZATIONS
TWO USING THE VALUE CHAIN FOR STRATEGIC ANALYSIS
THREE THE 10 PERCENT SOLUTION
FOUR COST BEHAVIOR: THE GOOD, THE BAD, AND THE UGLY
FIVE LOOKING FOR VALUE . . . AND FINDING IT
SIX PERFORMANCE: AN AFTERTHOUGHT?
SEVEN MANAGERS NEED TO MEASURE UP, TOO
EIGHT LOSING IT ALL TO FRAUD
NINE DIVING INTO A FINANCIAL HOLE: PART I
TEN DIVING INTO A FINANCIAL HOLE: PART II
ELEVEN RELEVANT OR NOT, HERE WE COME