ATTENTION:
BEFORE YOU READ THE CHAPTER ONE OF THE
PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!
INFORMATION:
YOU CAN GET THE COMPLETE PROJECT OF THE
TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY. THE FULL INFORMATION ON HOW TO
PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN
CALL: 08068231953, 08168759420
MANAGEMENT
OF FUNDS FOR SCHOOL EFFECTIVENESS
ABSTRACT
This
research investigated the management of school funds for school effectiveness
in Ifako-Ijaiye local government area of Lagos state. Three research questions
and three null hypotheses were formulated to guide the study. A 24 item
researcher developed questionnaire was administered and retrieved from 141
teachers, 15 principals, and 15 bursars selected through proportionate
stratified random sampling technique from the local education district in
Ifako-Ijaiye local government area of Lagos-state was used to find out how
secondary school principals manage school funds for school effectiveness.
Descriptive statistics and a one-way
ANOVA were employed for data analysis. Results of the study showed that issuing
receipts for all monies collected from
parents, students etc, involving sectional and departmental heads in budget preparation;
rendering financial reports to the Post-primary school management board, among
others, are ways principals in Ifako-Ijaiye local government area manage school
funds. The state government and owners of private schools
(proprietors/proprietress) should provide secondary schools with appropriate
money “safe” or open a good bank account for the school where the school funds
can be properly kept.
CHAPTER ONE
INTRODUCTION
Background
to the Study
The term
“management” can be defined as the process of organizing, planning, leading,
measuring and controlling as well as undertaking of risks and handling of
uncertainly, planning and innovation; co-ordination and routine supervision
(Aghenta, 2000). It is a process designed to ensure the co-operation,
participation intervention and involvement of people in the effective
achievement of a given objective (Fabunmi, 2000). It is also a social process
concerned with identifying, maintaining, motivation, controlling and unifying
formally and information organized human and material resources (with a system
(Musaazi, 1982). In such a social process, there is always a structural
hierarchy comprising the subordinates and Super-ordinates.
Management
of funds therefore deals with the provision, custody and disbursement of the
financial resources needed for the running of public, private or government
established schools.
Management
of funds in educational organization like secondary schools have been a very
sensitive and controversial issue because it exposes the strengths and weakness
of those entrusted to manage the fund. The National Policy on Education (FRN,
2004) acknowledges education as a vehicle for national development. The
achievement of educational goals of any nation depends largely on adequate
financial support. The funding and prudent management of scarce resources in
secondary schools are crucial issues, which should be handled with all amount
of seriousness. The principal of secondary school is therefore the fundamental
person upon whom the resource utilization of the school organization depends.
Effective and accurate financial
management is necessary in the school institution to avoid financial
mismanagement. In a place where the principal is weak and ineffective in
managing the resources of the school, success will be very difficult to
achieve. Financial management is one of the tasks of the school principals.
Ezeocha (1990) stated that “whether a school principal has a bursar or not he
has the duty of seeing that adequate financial provision is made in the school
budget. He also noted that effective management demands that budget proposals
be prepared before any new session. Ozigi (1981) stated that the greatest
problem militating and facing the educational institutions is the inappropriate
management of funds.
The principals of secondary schools
have major roles to play in the financial management and administration of the
schools they are heading and controlling. Some critics have argued that the
introduction of illegal levies by school principals brings untold hardship to
many parents leading to decline in students’ population. This, by implication,
affects the achievements of educational objectives as outlined in the national
policy on education.
In recent
times, some principals of secondary schools have been accused of embezzlement
of school funds, imposing unauthorized levies, diverting of school funds for
private use, abandonment of vital projects in pretence that they lack funds.
Statement of
the Problems
Occasionally
secondary school principals have been mostly accused for poor land inefficient
management of funds in their schools. There has been several report over the
radio of charges and counter charges against some principals regarding over-spending
inflating figures, collusion with school bursar, accusations of diversion of
funds; misappropriation and imposition of unauthorized levies, lacking proper
accounting skills and not generating enough funds (money) in their schools .
Ogbonnaya (2000) observed that poor management of funds in secondary schools
has created a lot of lapses, which have affected the achievement of the desired
educational goals. The principals on their own part blame the government for
poor funding of secondary schools, inadequate supply of capital equipment and
instructional materials, among others. One of the greatest problems facing the
growth and running of the secondary schools in Lagos state is the inappropriate
and mismanagement of the school funds.
Research
Questions
Three
research questions are used to guide this research study. They include:
i) What are the ways principals manage
funds in secondary schools in Ifako-Ijaiye Local Government Area of Lagos
State?
ii) What are the factors affecting the
financial management practices of principals in Ifako-Ijaiye local government
area of Lagos-state?
iii) What are the strategies used anmd
employed by the principals in the Ifako-Ijaiye local government area of
Lagos-State?
Hypotheses
i) There is no significant difference
among the mean rating of principals of secondary schools, teachers and bursars
with regard to the ways principals manage funds.
ii) There is no significant different
among the mean score of principals, teachers, and bursars with regards to the
factors affecting the financial management practices of the principals.
iii) There is no significant difference
among the mean score of principals, teachers, and bursars with regards to the
strategies used and employed by the principals in the management of the school
funds.
Purpose of
the Study
The purpose
of the study is to survey and investigate the various strategies and ways of
management of school funds by the principals, and bursars of secondary schools
within the Jurisdiction of Ifako-Ijaiye local government area of some selected
secondary schools in Lagos state. Moreover, it is also to assess the method of
improving the management of school funds by the principals and bursars of
secondary schools for school effectiveness and adequate running of the school.
Significance
of the Study
The
significance of this study is geared towards the enhancement of the management
of school, funds for school effectiveness through the principals and bursars of
the secondary schools in Ifako-Ijaiye local government area of Lagos-state. It
will equally help to examine and investigate the strategies or ways school
funds are managed and utilized by secondary school principals for efficient and
effective job productivity.
Scope of the
Study or Delimitation
This
research study focuses on the assessment and evaluation of management of school
funds for school effectiveness through the principals and bursars of secondary
schools within the jurisdiction of in Ifako-Ijaiye local government area of
some selected secondary schools in Lagos-state. This is to find out how funds
allocated to these school heads are utilized and managed effectively.
Limitation
of the Study
Due to
available to the researcher few secondary schools will be used and
covered as major focus through the school principals and bursars of the secondary
schools and the study will also be restricted to in Ifako-Ijaiye local
government area of Lagos state.
Definition
of Some Terms
i) Management: This can be defined as the
process of organizing, planning, coordinating and controlling of the school
funds and human resources by the school principals for school
effectiveness in Ifako-Ijaiye local
government area of Lagos State.
ii) Administrator: The administrators are all the
school heads such as the principals, the vice-principals, the H.O.D’s, Bursars,
the year tutors etc in the secondary schools in Ifako-Ijaiye local government
area.
iii)Principal:
The principals is the overall head teacher of the secondary school in
Ifako-Ijaiye local government area.
iv) Teacher:
The teachers is the person that is responsible for the dissemination and
impartation of basic knowledge, attitudes, ideas, beliefs and changes to the
students in the secondary schools in Ifako-Ijaiye local government area.
v) Bursar: The bursar is the financial manager
that is charged and responsible for the collection of school feed and issuing
of school receipt for evidence of payment made by the students in the secondary
school in Ifako-Ijaiye local government area.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you
will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5,000) into our bank
Account below, send the following information to
08068231953 or 08168759420
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) after we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
FOR MORE INFORMATION, CALL:
08068231953 or 08168759420
AFFILIATE
Comments
Post a Comment