Critical Article Review Example | Topics and Well Written Essays - 1750 words

Critical Review - hold ExampleIt is essential therefore for a financially responsible college or university to have a equilibrise budget within which expenditures remain contained in the operable revenues available. A significant reduction in the available net assets of such an institution thus becomes a cause of concern and might signify financial instability. This paper summarizes the ideas expressed in an article done by Dr. Houston Davis. It focuses majorly on higher breeding, accounting and how engineering has affected budgeting in these institutions. Biography of the author Dr. Houston Davis, a native of Clarksville was recently named as the university ashes of atomic number 31s new chief academic officer and executive vice chancellor. Over the years Dr. Houston has been set for his valuable experience combined with his fine ability in providing leadership in pertinence to the systems core academic mission purposing to create a twenty first century reproductional model . He holds a PhD from Vanderbilt University, Nashville a Masters in education from Tennessee state university and a bachelors in political science from the University of Memphis. He is and has been continuously involved in written material and research projects in areas of governance, higher education access, accountability and fund management in higher education and economic development. He serves on several national and regional advisory groups in higher education policies academic preparation, accountability and degree completion. Dr. Houston Davis has served in the educational welkin for quite some time. In (2001-2005) he worked in the field of academic leadership for Austin Peay State University in Clarksville. In addition to these professional person duties he served in the role of director for the National Educational Needs Index between 2004 and 2011. This initiatory was aimed at measuring educational, social, economic and intense population pressure among the 50 states w hich affect policy and formulation in national, regional and local levels. Following this until 2007, he worked in the same field serving as associate vice chancellor for Academic affairs for the Tennessee Board of Regents. He had also worked previously worked in the Tennessee higher education commission in the areas of fiscal and academic affairs between 1997 and 2001. It is recorded that he worked as a regional student recruitment and advancement representative in the University of Memphis. (1995-1997) Summary of the article Accounting With reference to a 1996-1997 data from the national center for education statistics, net revenues in humans institutions have their source in four main channels tuition and fees (19%), state funds (36%), sales and services (22%) and federal funds (11%). Private institutions on the other hand receive their revenues from the same categories though in different degrees tuition and fees (43%). State funds (2%), sales and services (21%) and federal f unds (14%). Although a significant amount does come from the government in public institutions, both the public and private sector have increased their reliance upon revenues from tuition and fees for their improvement funding (National Center for Education Statistics, 2000). With expenditures majorly being