Practices prevent the abuse of school funds Essay

The preparation of students and the welfare situation of the mental faculty are paramount issues in addressing tutor finance. The nature of the development electric cell in amply schools is an important p artifice of the formal reading of the recent child who has in between the childhood and adolescent stages of human development. It is accordingly important for he head teacher who is saddled with the responsibility of promoting education in spite of appearance the school to commit the available re comes to the right channels to extend to the intended results of infrastructure development and grooming of facilities to ensure continuity of education in the school.Some of the Infrastructure development- that unavoidably be upheld include library, art and technical studios, computer rooms, music room environmental sanitation, provision of didactics and learning aids, game centre and kits, award ceremony for staff and students In this age and time, it is needful to realize that education is a amicable and scotch good this implies that it is an avenue to build viable human capital which would support to , national economic wealth and health alongside the effective utilization of material, capital and natural resources inside the environment.This economic good alike loans to separate health by establishing an individual as a positive root for within the community where he resides. Although education does not preclude bad but its positive impact apparently outweighs its negatives. This issue is important because it informs the finis of the principal of head teacher of the extravagantly school about the discriminatory use of the gold available to him from various sources. What are these sources of line of descents to the highschool school?These include the federal tryst to public schools, the state aloneocation to schools within the jurisdiction. These two forms the socio-political source of funds, while thither is the local source from p ayments by the attending students. Besides, there could also be internally generated funds from projects, programs and economic activities approved for and/or by the school. Realizing the economic good in education and the source of funding of schools are important tools that give the bounce collapse to stemming abuse of funds in schools especially high schools. piece of music it is contraband to misuse funds for personal goals, aspirations like acquisition of political queen or savings towards retirement, it is necessary for head teachers to realize the role of education in the growth and development of the adolescent child that attend high schools. If they realize the import this can have on the morals and social development of these kids, the propensity to embezzle schools funds would diminish in our schools. unmatchable of the work outs that prevent abuse of funds includes fiscal business. Realizing that for every allocation by the government or payment by the attending st udents would be accounted for contribute to stopping the abuse of funds. This fiscal accountability is achieved by trailing fund though the means of revenue and expenditure track, monitoring of accounting minutes and auditing. As part of this measure, auditing is an inevitable tool it includes internal and external audit.While the former uses local staff, the latter adopts using the appropriate institutions within the nightclub which can rarely be influenced the caprices of a local head of high school. In any situation there is inconsistency in the tracking of the funds, which visualises that there is need for more scrutiny of such heads. If this auditing can be effectively carried out at all levels of education especially at high schools, it would drastically change the shape of funding and spending within schools by their principals.Another equally important tool is Budgeting this includes organizing financial transactions, reconciliation them through stipulated revenue and ex penditure plan with a view to contact staff needs, fund student activities and attain social and local goals. Organizations can incremental, use of school site, outcome-focused or tailored towards program planning. Balancing includes planning revenue and expenditure in such a way as to achieve a balance, deficit or surplus. The aim of budgeting is basically to dredge a financial plan to meet specific needs.This gives rooms for identifying challenges and tackling them within the limit of available resources. A comprehensive budget would meet staffing needs which covers recruitment and selection, compensation, and continuous training and retraining on advancements in expert and teaching practices. It would also make provisions for students activities and adventure of appropriate programs that can meet school and district missions. There would also be allocations for infrastructure development to cover construction works, architectural lay-out and provision of necessary education facilities.Such a budget would encompass all areas that need improvement within the school when these goals are outlined and there is institutional will to meet them, it would be difficult to abuse funds. ordinarily available funds may not even be competent to meet needs driving fund-raising and capital programs for increased revenue generation. When end is not known, abuse is inevitable. This is the essence of the budget. Realizing the importance of good governance with evaluate to financial prudence on the morals of staff and students makes a drawing card a judicious custodian of available financial resources.Fiscal accountability through auditing by internal and external outfits dampens the propensity to divert school funds towards personal goals. Since knowledge does not preclude this evil, strict corrective measure meted to offenders who are convicted of this white collar crime is another practice that militates against abuse of school funds. These are measures that prevent misuse of school funds.REFERENCESSafeguarding civilize Funds by Henry Linn. 4th edition. Review of Educational Research, Vol. 3, none 5, 399-408 (1933) 1933 American Educational Research Association Chapter VI School pay Does money matter? GT Burtless Policy Studies Journal, 1997 Pritchett, Lant & Filmer, Deon, 1999. What education production functions really show a positive theory of education expenditures. political economy of education review. Elsevier, vol. 18(2), pages 223-239, April. Goldhaber, Dan D. , 1996. earth and private high schools Is school choice an answer to productivity problem. Economics of education review. Elsevier, vol. 15(2), pages 93-109, April.