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An Analysis For More Equitable Revenue And Expenditure Allocations Within Lingnan College, Wai Yee, Winnie Chan, Kar Yun, Carrel Ho

Bachelor Degree - Accountancy - Final Year Project

From the triennial 1995-98, the funds allocated from University Grants Committee to universities have decreased. In order to use the limited resources effectively, and to manage their revenue and costs efficiently, universities have to set up a better budgeting system. Therefore, the eight universities in Hong Kong are proposing the Revenue Center Management (RCM) instead of the current budgeting system. The purposes of this project focuses on the analyses of the current budgeting system adopted at Lingnan College, and the proposed RCM budgeting system.