This study investigated the management of finances in public schools in the
Mafikeng Area Project Offices. The purpose was to evaluate the systems that are
in place to assist the financial committees to take efficient and effective financial
decisions.
The approach used in the study was quantitative in that the primary instrument of
data collection was a questionnaire. The target population was school managers,
financial committees arid school governing bodies. Copies of questionnaire were
distributed to 124 respondent and 110 out of were returned.
The data was presented in tables and analysed using basic statistic. The findings
revealed financial committees and School managers did not have adequate training
in financial management and Financial policies need to be developed at schools to
assist managers, financial committee members and SGB's with proper financial
control. The provincial Department of Education need to conduct a skill audits at
schools to establish the gaps that might exist in schools particularly with regard to
financial management, so as to design suitable training that will assist financial
committees and school managers to be able to manage funds effectively and
efficiently. Management of school finances is one of the most important areas in
school management. Financial control ensures that transactions are recorded
accurately. Therefore school managers together with financial committees need to
be conversant with various approaches of financial control and record keeping. / (MBA) North-West University, Mafikeng Campus, 2005
| Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:nwu/oai:dspace.nwu.ac.za:10394/11483 |
| Date | January 2005 |
| Creators | Malatji, Ngoako Phineas |
| Source Sets | South African National ETD Portal |
| Language | English |
| Detected Language | English |
| Type | Thesis |
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