School Budgeting Planning: Selecting the Most Effective Budget Plan for Ontario’s Public Schools

Alahmadi, Hanin; Tabrizi, Sirous

doi:10.20533/ijibs.2046.3626.2019.0038

Cited by 2 publications

(2 citation statements)

References 4 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Financial accountability is dynamic and involves the integrity of accounting transactions and entries (Amalendu et al, 2016). Financial accountability in public schools remains the sole responsibility of accounting stakeholders such as school bursars, accounts clerks, and school principals.…”

Section: Introductionmentioning

confidence: 99%

School Budget Development and Financial Accountability of Public Secondary Schools in Khwisero Sub County, Kenya

Musungu,

Oseno,

Rutto

2023

AJERNET

View full text Add to dashboard Cite

The Teachers Service Commission (TSC) raised concern about the misuse of funds in public secondary schools, warned principals in charge, and even indicated the interdiction of principals with financial anomalies. In Turkana South, the audit questioned the use of Kenya Shillings 29 million to buy three school buses, failing the school budget implementation plans. There were no logbooks for the said vehicles. According to audit reports on public secondary schools, financial statement anomalies have been reported in a number of schools in Khwisero Sub County. The school audit report indicated that some school managers had hidden fees that were not in line with the ones recommended by the government. The study objective was to assess the effect of school budget development on the financial accountability of public secondary schools in Khwisero Sub County. The study was guided by budget theory. The causal research design examined the cause-and-effect relationship between school budget development and financial accountability. A census survey was adopted in 25 public schools. Two respondents’ school bursar/accounts clerk and school principal were used for the study. This constituted 50 respondents. Data collection was aided by questionnaires and presented using tables. Descriptive and inferential analyses were conducted. The study found that school budget development had a beta value of 0.309 and a coefficient correlation of 0.890. The correlation R between the mean of school budget development and the mean of financial accountability had a beta term of β = 0.827, P = 0.000. This implies that statistically, budget development was significantly positive. The study recommends that public secondary schools should align budget-making with government policies and school demands. Furthermore, stakeholders such as parents and the school board should be involved in budget formulation.

show abstract

Section: Introductionmentioning

confidence: 99%

School Budget Development and Financial Accountability of Public Secondary Schools in Khwisero Sub County, Kenya

Musungu,

Oseno,

Rutto

2023

AJERNET

View full text Add to dashboard Cite

show abstract

“…By "financial accountability," we mean a company's method of holding an employee responsible for carrying out a financial activity, such as a crucial control operation inside a financial transaction process, in an efficient and accurate manner. It sets up dependable monetary procedures (Amalendu, Somnath & Gautam, 2016). Financial responsibility in schools is distinct in how they function, and hence, any judgments made about such accountability must be carried out in a special fashion (Momanyi, 2018).…”

Section: Introductionmentioning

confidence: 99%

School Accounts Management and Financial Accountability of Public Secondary Schools in Khwisero Sub-County, Kenya

MUSUNGU,

OSENO (PhD),

RUTTO (PhD)

2022

strategicjournals.com

View full text Add to dashboard Cite

This study was interested in investigating the effect of School Accounts Management and FinancialAccountability of Public Secondary Schools in Khwisero Sub-County. The study further established the moderating influence of school factors on the relationship between school accounts management and financial accountability of public secondary schools in Kenya. The study employed descriptive survey research design. The target population had 51 stakeholders comprising of the principal and the bursar per school, this entailed 25 public secondary schools in Khwisero sub-county, Kenya. Using census survey, all 51 stakeholders were incorporated as the county school's auditor was incorporated in charge of all schools under study. Structured questionnaires were used as the instruments for data collection. Data was analyzed using descriptive statistics (mean and standard deviation) and inferential statistics (Pearson correlation analysis and simple linear regression analysis). This was aided by statistical package for social sciences (SPSS). Data was presented by use of tables. The study found that School budget development, School budget implementation and fee Collection strategies had a positive and significance influence on financial accountability of public secondary schools in Khwisero sub County, Kakamega County. Furthermore, school factors had a moderating influence on school accounts management and financial accountability of public secondary schools in Khwisero sub County, Kakamega County. The study recommended that on school budget development, public secondary schools should seek an increase in budget allocation from the ministry of education for each child to increase fund generation. On school budget implementation, public secondary schools should ensure budgets generated are realized and funds should clearly indicate the expenditures realized. On fees collection strategies, public secondary schools should find means in which fee collection can be enhanced to ensure there is adequate cash flow and since school factors has significant effect on financial accountability, it should also be included into main key elements that public secondary schools should consider when handling school fund accounts.

show abstract

School Budgeting Planning: Selecting the Most Effective Budget Plan for Ontario’s Public Schools

Cited by 2 publications

References 4 publications

School Budget Development and Financial Accountability of Public Secondary Schools in Khwisero Sub County, Kenya

School Budget Development and Financial Accountability of Public Secondary Schools in Khwisero Sub County, Kenya

School Accounts Management and Financial Accountability of Public Secondary Schools in Khwisero Sub-County, Kenya

Contact Info

Product

Resources

About