Practices prevent the abuse of school funds Essay Example for Free

Practices prevent the laugh at of schooling funds EssayThe education of students and the welfare stain of the staff are paramount issues in addressing school finance. The nature of the education cadre in heightser(prenominal) schools is an eventful p artistry of the formal education of the young child who has in between the childhood and childish stages of human development. It is therefore important for he principal sum teacher who is saddled with the responsibility of promoting education deep down the school to commit the available resources to the right channels to achieve the intended results of stem development and supply of facilities to ensure continuity of education in the school. Some of the Infrastructure development- that needs be upheld include library, art and technical studios, computer rooms, music room environmental sanitation, provision of teaching and learning aids, game sharpen and kits, award ceremony for staff and students In this age and time, it is needful to realize that education is a complaisant and sparing skilful this implies that it is an avenue to build viable human capital which would contribute to , national economic wealth and health alongside the effective utilization of material, capital and natural resources deep down the environment.This economic good also contributes to individual health by establishing an individual as a positive force in spite of appearance the community where he resides. Although education does not preclude evil but its positive impact seemingly outweighs its negatives. This issue is important because it informs the decision of the principal of head teacher of the high school about the juridical use of the funds available to him from various sources. What are these sources of funds to the high school?These include the national parceling to public schools, the state allocation to schools within the jurisdiction. These two forms the socio-political source of funds, while there is th e topical anaesthetic source from payments by the attending students. Besides, there could also be internally generated funds from projects, programs and economic activities okay for and/or by the school. Realizing the economic good in education and the source of funding of schools are important tools that can contribute to stemming abuse of funds in schools especially high schools.While it is illegal to persecute funds for own(prenominal) goals, aspirations like acquisition of political power 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 cordial development of these kids, the propensity to malversate schools funds would diminish in our schools.One of the practices that prevent abuse of funds includes fiscal accountability. Realizing that for every allocation by the government or payment by the attending students would be accounted for contribute to stopping the abuse of funds. This fiscal accountability is achieved by bring in fund though the means of tax taxation and expenditure track, observe of accounting transactions and auditing. As part of this measure, auditing is an inevitable tool it includes internal and external audit.While the agent uses local staff, the latter adopts using the appropriate institutions within the society 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 orients 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 expenditure within schools by their principals.Another equally important tool is Budgeting this includes organizing financial transactions, balancing them through stipul ated revenue and expenditure plan with a view to meeting 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 reckoning is basically to draw 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 preparedness and retraining on advancements in technological and teaching practices. It would also make provisions for students activities and embark 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 o f 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. Usually available funds may not even be sufficient to meet needs driving fund-raising and capital programs for increased revenue generation. When conception is not known, abuse is inevitable. This is the essence of the budget. Realizing the importance of good governance with respect to financial prudence on the morals of staff and students makes a leader a judicious custodian of available financial resources. monetary 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 disciplinary measure meted to offenders who are convicted of this white collar execration is another practice that militates against abuse of school funds. The se are measures that prevent misuse of school funds.REFERENCESSafeguarding School notes by Henry Linn. 4th edition. Review of Educational Research, Vol. 3, No. 5, 399-408 (1933) 1933 American Educational Research affiliation Chapter VI School Finance 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. Economics of education review. Elsevier, vol. 18(2), pages 223-239, April. Goldhaber, Dan D. , 1996. Public and private high schools Is school choice an answer to productivity problem. Economics of education review. Elsevier, vol. 15(2), pages 93-109, April.