A study of the financial management techniques practiced by primary school headteachers of Changamwe division in Mombasa municipality
Omar, Mohammed Abdillahi
MetadataShow full item record
Financial management is fundamental to the organizational and management processes of any organization. In the school situation, curriculum, administrative and general welfare activities are all dependent on the availability and use of financial, human and material resources. The planning, co-ordination and control of these resources are the key to the success or failure of any given institution. In the primary schools sector of the Kenyan education system, the element of cost- sharing has been criticized for the deteriorating standards of education and the poor state of teaching and learning resources. Headteachers and school committee and Parents Association members have been in conflict and have been blamed for laxity and poor management of financial resources as a result of which facilities in most schools are in a deplorable state. There has, however, been little empirical evidence that the approaches of the headteachers, school committee and parents Associations are to blame for the problems facing primary education in Kenya. The primary purpose of this study was to find out the techniques employed by headteachers in the management of institutional finances. A secondary purpose was to investigate the extent of participations in the planning and use of school financial resources. The input of education officers in terms of inspection and auditing of funds was also deduced. The data for this research was collected using questionnaires from twenty-six respondents who included fifteen headteachers, seven chairpersons and treasurers of school committees and parents associations and four education officers based in the division. In addition, there was an observation schedule for records and relevant reference books as well as an interview schedule which involved five interviewees among the headteachers. The results show lack of uniformity in both the administration of finances and maintenance of accounts records. The supervision and auditing of school accounts are not taken seriously, judging by the frequencies in which the activities were undertaken. The conclusions and recommendations stress the need for increased government participation in primary schools both financially and in the provision of advisory services. The sector is in urgent need of re-organization, which will allow for delegation of financial accounting duties to qualified junior staff to ease the headteachers’ burden and give them sufficient time for the supervision, control and co-ordination of curriculum matters.