Effective Financial Planning for Library and Information by Duncan McKay

By Duncan McKay

This name is a concise consultant to monetary making plans, with definitions of monetary phrases and the major methods concerned, which additionally presents find out how to current your price range so much successfully to safe investment. As pressures of commercial more and more impact all info features, it has turn into ever extra vital for you to justify the prices excited by working any type of details functionality. This moment version covers budgetary implications regarding advancements in info resource provision.

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Dewey decimal classification and relative index

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Additional resources for Effective Financial Planning for Library and Information Services (Aslib Know How Guide)

Sample text

Implementing an activity-based cost system’ Journal of Cost Management , (1990), Spring, pp 33–42. Cornella, A. ‘Cost, value and price in fee-based information services’ (1992). html Cropley, J. ‘Budgeting’, in Wood, L. ed. Resource Allocation in Industrial and Commercial Libraries: Optimising New Technology and New Services (1988), pp 53– 59. Cropley, J. ‘Budgeting in special libraries’, Serials , 5(1), (1992), pp 58–61 . Danilenko, G. ‘Activity based costing for services: the Corporate Information Centre’, Special Libraries , (1994), Winter, pp 24–9.

One of the major but little mentioned reasons for this is that most of the contents of such compilations or databases are not subject to copyright but are in the public domain. Under any purchase agreement, the library could make unlimited use of the database. Of course, this statement overlooks the intellectual and financial investment in creating the database, but the provider is thus forced to look for other ways to recoup development costs. In situations involving contracts or leases nothing changes hands as it does with a purchase, but the lessee or contractee has to abide by whatever conditions are established.

2 Information unit use of spreadsheets The need to ensure that up-to-date financial information is available to the information manager has already been noted. Most information units will be part of organisations that have management accounting and finance groups. However, any information received from these sources will naturally be out of date. Central financial units generally provide reports monthly, often in the middle of the following month reflecting expenditure situations at the end of the previous month.

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