Yilma, Alemayehu Azmera (2014) The Current Practices and Chalenges of Financial Management in some Selected Government General Secondary School’s of Kolfe-Keranio Sub-City. Masters thesis, Addis Ababa University.
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Abstract
The main objective of this study was to assess the Implementation of financial management in six selected government general secondary schools in Kolfe Keranio sub-city. It was aimed at assessing the financial management activities such as budgeting, non public finance sources, accounting, auditing, purchasing and reporting practices of general secondary schools. Descriptive survey design is used to carry this study. Three groups of respondents participated in this study. These were academic staff, financial officers and PTSA’s members. Sample schools and respondents were selected by purposive sampling technique due to their direct relation with the issue under study and also to gain sufficient information. The data were collected through questionnaire, interviews and Review of Documents. The collected data were analyzed quantitatively through mean values, percentages and chi-square tests and qualitatively. The main findings of the study showed that the degree of implementation of the Financial Management Guidelines was found minimum , efficient utilizations of allocated budgets for intended purposes, the competence of financial personnel in the financial task was good, the materials purchased by purchasing department were required amount and have quality, community contribution, schools’ internal income and NGOs were the sources of education finance in addition to the public budget. Public budget was allocated to schools based on the previous year’s performance and the number of students in the schools, Schools have shortage human resource in their finance offices absence of the participation of all staff members in budget preparation and financial activities absence of internal and external auditing practices, lack of training on budget preparation, accounting, auditing and reporting practices the standard of account office was poor and also lacks the necessary furniture and equipments, the filling of financial statement in appropriate. Major recommendations include participation of all school staff personnel in budget preparation, assigning additional trained personnel for school’s finance office, the provision of training, school’s should conduct internal auditing and the sub-city. Finance and economic development office should conduct external audit at least every quarter, schools and sub-city finance and economic development office prepare standard office and also conduct close supervision in order to reduce in appropriate filling of financial statements.
| Item Type: | Thesis (Masters) |
|---|---|
| Uncontrolled Keywords: | Educational Planning and Management |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management H Social Sciences > HG Finance L Education > L Education (General) L Education > LB Theory and practice of education L Education > LB Theory and practice of education > LB1603 Secondary Education. High schools L Education > LC Special aspects of education |
| Divisions: | Africana |
| Depositing User: | Andriamparany Edilbert RANOARIVONY |
| Date Deposited: | 02 Aug 2018 12:52 |
| Last Modified: | 02 Aug 2018 12:52 |
| URI: | http://thesisbank.jhia.ac.ke/id/eprint/8346 |
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