Page 107 - DLIS406_ACADEMIC_LIBRARY_SYSTEM

Academic Library System Jovita Kaur, Lovely Professional University

Notes
Unit 11: Budgets

CONTENTS
Objectives
Introduction
11.1 Developing the Library Budget

11.1.1 The Process of Budget Development
11.1.2 Sources of Funding
11.1.3 Donations and Grants
11.1.4 Desirable Budget Characteristics
11.1.5 Terms and Distinctions
11.2 Accounting and Auditing

11.2.1 Library Walkabout Worksheet
11.2.2 S.W.O.T. Analysis Worksheet
11.3 Costing and Cost Analysis of Libraries Services
11.3.1 Meaning of Cost

11.3.2 Cost-Benefit Analysis Need and Importance
11.3.3 Meaning of Information and Communications Technology
11.3.4 Importance of Information and Communications Technology (ICT)
11.3.5 Cost-Benefit Analysis and ICT in Library and Information Science
11.4 Summary
11.5 Keywords

11.6 Review Questions
11.7 Further Readings

Objectives

After studying this unit, you will be able to:
• Discuss the process of budget development
• Describe the sources of funding
• Know about the types of budget

• Explain the accounting and auditing
• Describe the costing and cost analysis of libraries services.

102 LOVELY PROFESSIONAL UNIVERSITY