Yimam, Melaku (PhD)Berhanu, Tefera2019-03-202023-11-052019-03-202023-11-052018-06http://etd.aau.edu.et/handle/123456789/16959The main objective of the study was to investigate the financial resources practice and challenges of secondary schools of Haddiya Zone in SNNPR. Therefore, this study focuses on such financial activities as source of the secondary school finances, the practice of participating the school stakeholders, accomplishment of financial management activates, major challenges and the effective measure taken The researcher used different data collecting instruments such as questionnaire, interview,and different financial documents).The researcher had also employed disruptive survey research during data organization and interpretation..Questionnaires for 44 school manager, 60 teachers, 7 financier personnel spondents from six schools and, interviews with 8 PSTA and school boards participants were conducted. The study discovered that the education budget come from the government, School internal income, community contribution and NGOs’ support were the main sources of education budget in study schools. To address this, the researcher had selected the participants (department heads, and co-curricular club leaders and financial personnel ) were selected through random sampling techniques; whereas school board, PSTA ,principals, vice principals leaders were available selected sampling techniques. The statics used to analyze the data were frequency, presently, mean and standard division. The study found that the lack of diversification of school finance lack of participation of stakeholder in budget preparation , lack of financially skilled man power finance personnel, lack of relevant training, absence of internal and external auditing activity, delay in releasing budget, interferences of school principal, engagement of school management on different duties and lack of effective measures taken were the major challenges of financial utilization in Haddiya Zone secondary schools. Based on the finding of the study, the researcher recommended that all the stakeholders should involve in diversification of school finance, participate actively in financial management system ,fulfill skilled man power of finance personnel, also the finance and economic development office should audit the financial activities performed in accordance with the existing financial guidelines, regulations and principles of ministry of finance to minimize the stated problems and take effective measure up on problem makers of the school finance.enChallenges of Financial Resource ManagementThesis