INFLUENCE OF BUDGET REPORTING PRACTICES ON FINANCIAL MANAGEMENT IN PUBLIC SECONDARY SCHOOLS IN MANDERA COUNTY, KENYA

Authors

  • Abdikadir Adan Alio School of education: Mount Kenya University
  • Dr. Mary Chui School of Education: Mount Kenya University
  • Dr. Kimamo Githui School of education: Mount Kenya University

Keywords:

Budget reporting practices, financial management, secondary schools

Abstract

Purpose: Amid the need to foster efficiency and effectiveness in schools, budgetary practices have been embraced by public secondary schools in different part of the world. Key of which is to compel planning and to provide best practices criteria in financial management in the public institutions, however, criticism has been leveled against the school management on issues of wastages and misappropriation of public resources. The study intended to assess the influence budget reporting practices on financial management in public secondary schools in Mandera County, Kenya.

Methodology: The study was guided by financial prudential and zero-based budgeting theories. The study adopted mixed methodology and applied concurrent triangulation design. Qualitative data were analyzed thematically along the objectives and presented in narrative forms. Quantitative data was analyzed descriptively and inferentially using One-Sample t-Test using Statistical Packages for Social Science (SPSS Version 23) and presented using tables.

Findings: The study established that secondary schools in Mandera County rarely adhere to budget reporting practices geared toward to improving financial management. In conclusion, budgetary reporting plays a key role in the financial management in secondary schools.

Unique Contribution to Theory, Practice and Policy Thus, the study recommends that schools should adhere to the well-laid down budget reporting procedures. Principals should engage the services of skilled personnel to oversee budget implementation and consider the financial resources available. Schools should conduct continuous evaluation of the achievement of budget plans. The ministry of education will benefit from the study in carryout regular capacity building of school managers and also enforcing financial regulations to ensure prudent utilization of school funds.

Downloads

Download data is not yet available.

Author Biographies

Abdikadir Adan Alio, School of education: Mount Kenya University

Postgraduate student

Dr. Mary Chui, School of Education: Mount Kenya University

Senior Lecturer

Dr. Kimamo Githui, School of education: Mount Kenya University

Senior Lecturer

References

Allan, P. (2001). Accounting and Finance: A firm foundation, Mishawaka, USA.
Creswell, J. (2009). Research design: qualitative, quantitative and mixed methods approach. Thousand Oaks, California: Sage Publications.
Institute, K. (2007). Financial Management Process in schools for SMCS. Nairobi
Ishara, H. (2007). The financial management role of principals in section 21 schools in South Africa, Durban, KwaZulu-Natal.
Kimani, P. (2010). Budgeting practices of secondary school principals and bursars. University of Nairobi, Nairobi.
Koller, B. (2004). The Budget Process in a Multinational Firm: The multinational business review. 2, 58-63.
Mark, M. (2011). Principles of Public Value Theory and Practice. Palgrave McMillan Publishers Ltd, UK.
Mendoza, O. (2008). Procurement-Challenges Facing Procurement Organizations: Published: BioMed Central Ltd, Mexico.
Ministry of Education (2013). Financial Accounting Instructions for Educational Institutions. Nairobi: Kenya Literature Bureau.
Ministry of Education Science and Technology (2010). Development of Education in Kenya. Nairobi: Ministry of Education.
Musau, P. (2015). Budgetary Control in NGOs in Kenya: A Case of World Vision. Unpublished MBA Project: University of Nairobi.
Okumbe, J. (2001). Human Resource Management: An Educational Perspective. Nairobi: Educational Development and Research Bureau.
Phyrr, P. (1970). Zero Base Budgeting: A Practical Management Tour Tool for Evaluating Expenses. New York: John Wiley.
Saye, J. (2008). Primary and Elementary Education. New Delhi: Deep and Deep Publications Pvt. Ltd.
Visser, C. & Erasmus, P. (2007). The management of public finance. Cape Town: Oxford University.
Xaba, M. & Ngubane, D. (2010). Financial Accountability at Schools: Challenges and Implications. Journal of education, 50, 140-160.

Downloads

Published

2019-11-08

How to Cite

Alio, A. A., Chui, D. M., & Githui, D. K. (2019). INFLUENCE OF BUDGET REPORTING PRACTICES ON FINANCIAL MANAGEMENT IN PUBLIC SECONDARY SCHOOLS IN MANDERA COUNTY, KENYA. African Journal of Education and Practice, 4(2), 51 – 60. Retrieved from https://iprjb.org/journals/index.php/AJEP/article/view/1001

Issue

Section

Articles