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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/8462

Title: Generation and management of funds In public schools. A Case Study of Yaa Asantewaa Girls’ Senior High School
Authors: Boahene, Abena Frimpomaa
Issue Date: 4-Apr-2016
Abstract: The availability of funds in the achievement of an organization’s operations has over time been seen as a key issue. However, the generation and subsequently its management cannot be overlooked as funds are never enough to cater for all financial needs of any organization. It is in this direction that this study seeks to look at how public schools generate and manage funds for their activities. The country has over the years experienced scarcity when it comes to finances. This therefore makes disbursement of allocated funds to government sectors inadequate. The need then arises for school authorities to be abreast with the requisite skill and knowledge in financial management in order to manage the little financial resources available towards the achievement of their goals. The aim of the study is to find out the major sources of funds, compare the trend of funds received over a period of five years, how public schools are complying with the financial administration act as well to examine the challenges faced with the generation and management of funds. The study in its analysis stage combined qualitative and quantitative methods by administering questionnaire to key staff members that are concerned with the generation and management of funds for the school. It was revealed in the study that the fact that government subsidies are inadequate is true and thus internally generated funds is the main source of funds with little support from donor pool funds; which are the three sources of funds available to public schools. It was also gathered that compliance with the financial administration act be strengthen as it forms the core of generation and management of funds. The study further revealed that lack of professionalism and not frequently equipping staff concerned with adequate knowledge and skill are some challenges faced with the management of funds. This study therefore recommends that the school’s financial policies be strengthened to ensure effective generation and management to achieve maximum benefits in running the schools activities to realize its goals.
Description: A thesis submitted to the department of Accounting and Finance, School of Business, Kwame Nkrumah University of Science and Technology in partial fulfilment of the requirement for the degree of Master of Business Administration (Finance Option), 2015
URI: http://hdl.handle.net/123456789/8462
Appears in Collections:College of Arts and Social Sciences

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