Newly appointed academic managers are often unsure how to effectively manage their department's fiscal affairs. The Jossey-Bass Academic Administrator's Guide to Budgets and Financial Management is specifically designed for administrators who need guidance for managing the fiscal resources of a department or unit. Using this book, administrators can learn to better understand the broad fiscal context of their institutions and thereby master their own role and function within the institution. In addition, this practical resource Offers an understanding of the basics of budgeting and fiscal management in higher education Defines the elements of a budget, the budget cycle, and the steps for creating a budget Suggests ways of avoiding common pitfalls and problems often faced by new budget managers Offers effective strategies for dealing with loss of resources Includes helpful questions, a glossary of useful terms, and a list of suggested readings This one-of-kind resource is an invaluable tool for understanding and mastering budgeting and fiscal management-- skills necessary for success as an academic administrator.