Authors :
Yishak Hanchacha Bore
Volume/Issue :
Volume 8 - 2023, Issue 11 - November
Google Scholar :
https://tinyurl.com/4vrrbryy
Scribd :
https://tinyurl.com/yc76jy52
DOI :
https://doi.org/10.5281/zenodo.10279433
Abstract :
The main aim of this study was to examine the
Practices of Educational Financial Resource Management
and Utilization in Secondary School of Hawasa City
Administration. In order to achieve this aim, a descriptive
survey method was employed. Subsequently, 50% of
secondary schools were sampled among the targeted sub-
cities; 200 teachers were sampled 40 % of them as key
respondents of the study. Selection of secondary schools
and 200 teachers' respondents was carried out by using
simple random sampling technique. 32 school leaders were
participated through using available sampling technique.
Regarding 8 SF workers, schools' 8 PTA members and
representatives 8 Kebele Education and Training Board
committee were participated through using simple random
sampling technique. Data collection instrument of this
study were questionnaire; interview and focus group
discussion; the collected quantitative data was coded,
tabulated, analyzed though applying independent T-test.
The findings of the study revealed that, stakeholder
participation in schools' financial resource management
practices is low, internal and external auditing systems
are inadequate, concerned bodies are not involved in
monitoring and evaluating financial resource utilization,
there is no capacity building training for stakeholders,
there is no transparency or accountability in the
management of financial resources. There were many
challenges involved, including the lack of experience in
managing and utilizing financial resources, poor and
incorrect financial planning, insufficient monitoring and
evaluation (auditing), improper buying, a lack of
adequate financial management and utilization
documents, misuse of school funds, and incompetence of
administrative personnel when it came to managing and
utilizing school funds. The study recommended that,
Hawassa city administration education department
should prepare training for school accountants and
stakeholders to fill the school's gaps in order to
overcome challenges encountered. The city education
department should ensure that implementation,
transparency, accountability, quarterly reports are
prepared, and relevant stakeholders are involved in
resource management activities. Principals are
encouraged to employ various strategies to address the
challenges associated with financial resource
management in their schools, including planning,
accounting, auditing, reporting, and recording.
According to financial regulations, the city
administration's finance and economy development
office should conduct school audits on a regular basis.
Keywords :
Financial resource, Utilization, Challenge, Secondary school
The main aim of this study was to examine the
Practices of Educational Financial Resource Management
and Utilization in Secondary School of Hawasa City
Administration. In order to achieve this aim, a descriptive
survey method was employed. Subsequently, 50% of
secondary schools were sampled among the targeted sub-
cities; 200 teachers were sampled 40 % of them as key
respondents of the study. Selection of secondary schools
and 200 teachers' respondents was carried out by using
simple random sampling technique. 32 school leaders were
participated through using available sampling technique.
Regarding 8 SF workers, schools' 8 PTA members and
representatives 8 Kebele Education and Training Board
committee were participated through using simple random
sampling technique. Data collection instrument of this
study were questionnaire; interview and focus group
discussion; the collected quantitative data was coded,
tabulated, analyzed though applying independent T-test.
The findings of the study revealed that, stakeholder
participation in schools' financial resource management
practices is low, internal and external auditing systems
are inadequate, concerned bodies are not involved in
monitoring and evaluating financial resource utilization,
there is no capacity building training for stakeholders,
there is no transparency or accountability in the
management of financial resources. There were many
challenges involved, including the lack of experience in
managing and utilizing financial resources, poor and
incorrect financial planning, insufficient monitoring and
evaluation (auditing), improper buying, a lack of
adequate financial management and utilization
documents, misuse of school funds, and incompetence of
administrative personnel when it came to managing and
utilizing school funds. The study recommended that,
Hawassa city administration education department
should prepare training for school accountants and
stakeholders to fill the school's gaps in order to
overcome challenges encountered. The city education
department should ensure that implementation,
transparency, accountability, quarterly reports are
prepared, and relevant stakeholders are involved in
resource management activities. Principals are
encouraged to employ various strategies to address the
challenges associated with financial resource
management in their schools, including planning,
accounting, auditing, reporting, and recording.
According to financial regulations, the city
administration's finance and economy development
office should conduct school audits on a regular basis.
Keywords :
Financial resource, Utilization, Challenge, Secondary school
