"Chapter 3: Audits and Equilibrium"
Author: Schaw, Walter A.
Published In: Today's Challenge to Tomorrow's Vision: A Study of Facilities Conditions at Schools of Theology
Explores 2 concepts essential to ensuring facilities equilibrium at schools of theology, and to higher education institutions in general: 1) the need to accurately assess facilities conditions as a basis for sound planning, and 2) the value of using a financial planning model to ensure the continued health of facilities. Includes excerpts from actual audits to illustrate the different styles of reports and types of information provided by audits. Discusses the four essentials necessary to establishing facilities equilibrium and the Kriemelmeyer Curve of Inevitable Consequences. Includes charts and diagrams.
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