This document is an inventory of public and private educational expenditure from an international perspective and sets out the concepts, definitions and procedures useful in accounting for educational expenditure. The monograph defines the field within which expenditure is to be observed; details the necessary expenditure data to be collected from public and private authorities; indicates the classification of expenditure used in each case; and applies the concepts discussed above to the information which a United Nations Educational, Scientific, and Cultural Organization (UNESCO) questionnaire seeks to obtain. The document covers the following topics: the field of observation by expenditure, including public institutions, private, non-profit institutions, and private institutions; expenditure by public authorities on educational and ancillary activities; current and capital expenditures by public authorities, as well as loans net of repayments, and total expenditure; expenditure by private authorities, including households and enterprises; resources and expenditures of private institutions; use of the collected data; and seven tables detailing classification of public and private educational expenditures and resources as well as a definition of the information requested in the UNESCO questionnaire. (CK)