Regardless of the approach taken to allocating common costs, is cost allocation really necessary? Argues that such an exercise may not make any difference to the final outcome ‐ the company’s final profit or loss figure. Takes as an example the University of Clemson, USA’s system of...

Focuses on Clemson University’s failed attempt to introduce a code of ethics. Looks at the flaws in the State’s Code of Ethics, and considers the limitations of such a code and the alienation which it can cause. Concludes that, rather than developing a new set of codes, greater emphasis...

Aims to counter the arguments that higher education has become too expensive and is not worthwhile. Points out that higher education cannot be evaluated in purely monetary terms. Discusses the cost of higher education to the student and the nation or state; the value of higher education; and the...

Discusses an investigation into the financial statements of a university. Demonstrates that the financial reports provided are misleading and do not portray the financial situation of the organization. Suggests that improvements are called for in the university’s accounting system and in...

Describes an investigation into a university’s expenditure. Identifies a lack of clarity as to what proportion represents direct faculty costs and overhead costs respectively. Puts forward a number of recommendations to improve the clarity of the reporting system.

While evaluation of the workforce in any setting is not a straightforward and easy proposition, it is even more difficult with regard to university faculty because of a number of intangibles and hard‐to‐quantify factors. The call for such accountability has been heard even more loudly in...

Describes what took place in a university when the authorities supported that credit cards should no longer be accepted for the payment of fees. Discusses the arguments for and against the use of cheques and credit cards. Suggests that continuing to accept credit cards would be more helpful to...

Discusses the problem of the cancellation of summer classes in a university. Evaluates the comparative costs of cancelling classes or teaching them. Suggests that decisions need to be based on consideration of long‐term and intangible benefits as well as short‐term costs.

There has been a public outcry in recent years for better accountability of resources consumed for higher education. Legislators in various states have responded with performance criteria and mandates for accountability. It is hoped that through such measures, universities will become better...