The Practises and Challenges of Financial Management in Primary Schools of Minjar Shenkora Woreda of Amhara National Regional State.
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Date
2018-10
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Addis Ababa University
Abstract
The purpose of the study was to assess the practices and challenges of financial management in schools of Minjar Shenkora Woreda. Fourteen schools and concerned offices in the Woreda were considered for the study. In order to relate the finding of the study with reality, related literature and documents were reviewed. The design employed was descriptive survey. A total of 56 respondents from education and finance and economic development, and schools were used as sources of data. Questionnaire and interview were the data gathering instruments employed. Documents were also used for collection of data for the study. Percentage and frequency were dominantly used as a method of data analysis. The study revealed that dominant share of education budget come from the government source. School internal income, community contribution and NGOS support were the main sources of additional education budget. The budget preparation, allocation and management process lacked transparency and participation. In Minjar Shonkora Woreda the allocated education budget was increasing in share and in amount from year to year, yet it was not enough to address the educational demand. Even though clarity lacked about the criteria, the major criteria used to allocate budget for schools were the number of students and the standard unit cost per student for each level of education set by education bureau. Generally, the research was assessed about the preparation, allocation and utilization of schools financial management process. Training the committee members and decision making bodies, clarity of directives about financial management, searching means to increase the source of education budget and other commendable recommendations were forwarded, which the researcher has assumed valuable to improve the financial management of the schools in the Woreda.
Key word: Budget preparation, allocation and utilization, sources of education finance, budget preparation and participation of stakeholders, competence of financial personnel and compatibility of financial rules and regulations.
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Budget preparation, allocation and utilization, sources of education finance, budget preparation and participation of stakeholders, competence of financial personnel and compatibility of financial rules and regulations