Browsing by Author "Dessalegn Mersha"

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    Practice of Financial Management in Government Secondary Schools in Akaki Kality Sub City of Addis Ababa
    (Addis Ababa University, 2017-06-01) Dessalegn Mersha
    The aim 0f this study was to assess and examine the practices 0f financial management 0f government secondwy schools in Akaki Kality's sub city. Accordingly, among various research methods; the Descriptive survey design was employed in this study. This was done by considering the resourcefulness of the descriptive survey approach to get available information from respondents. In this study quantitative and qualitative data analysis methods were used in order to answer the research questions. Questionnaires, Interview and document analysis were the data collection instrument tools for the study. The study involved a total sample size 0f seventy seven respondents. Four principals, twelve finance officers, forty four department heads, fourteen PTA members, and three finance officers from ScFEDO were used as main source 0f data. All participants were selected using available sampling techniques. Questionnaires were conducted with 72 participants and interview with 7 participants. Data analyses were made using descriptive statistical tools manly percentages were used. The findings 0f the study revealed that most respondents were aware 0f the existence 0f financial management problems in the school. Such as efficient utilizations 0f allocated budgets for intended purposes, the competence 0f financial personnel in the financial task was good, community contribution, schools internal income and NGOs were the sources 0f education finance in addition to the public budget. Public budget was allocated to schools based on the previous year 's performance and the number 0f students in the schools, Schools have shortage 0f human resource in their finance offices absence 0f the participation 0f all staff members in budget preparation and financial activities absence of internal and external auditing practices, lack 0f training on budget preparation, accounting, auditing and reporting practices the standard 0f account office was poor and also lacks the necessary furniture and equipment 's, the filling 0f financial statement in appropriate. There/ore, it was possible to conclude that, the above mentioned problems were affected not only the effectiveness and efficiency o/financial management of the schools but also the whole process 0f educational activities. Thus, to improve the situation, it was recommended that, all concerned bodies, such as the addisa baba city education bureau, sub city education office, sub city public service, ScEFDO, and schools being together might be prepared enough training f0r the school personnel, and for concerned bodies in the field of financial management. Release the allocated schools budget on time, strengthening internal and external auditing in order to reduce the problems 0f financial management government primary schools