The dynamics of financial management in Swaziland : a case of selected primary schools.
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Date
2016
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Abstract
This study analyses the findings of a survey of five primary schools in Swaziland;
Hhohho region. The study explores the dynamics of financial management in
Swaziland Primary schools through the interpretative paradigm employing the case
study approach. It sets out as its framework, the formal model of educational
management to explore the understanding of financial management and financial
management roles school principals have, skills and competencies needed by
principals in execution of their duties and challenges they encounter. A possible
capacitation strategy for the school principal is also examined in this study. Five
principals were interviewed to generate data. In addition to the interviews selected
financial management documents, the minute books, analysis books, procurement
files, cheque books and financial statements were analysed. It emerged that in order
for a school principal to effectively execute his or her duties there are certain skills
that he or she must possess. However, there are a myriad of challenges that the
principal encounters in the execution of his duties including lack of capacity, lack of
funds and lack of co-operation from school committee members. The findings
revealed that principals had a good understanding of their financial management roles
but they were not empowered to do so hence they were struggling in the execution of
their duties. Findings also revealed a number of skills that principals needed to
effectively execute their duties such as budgeting, accounting, reporting and record
keeping. It is recommended that financial management should be covered in training
of teachers as a course in colleges and universities and later coupled with workshops
as in-service programmes. A possible capacitation strategy for the school principal is
suggested at the end of the study.
Description
Master of Education in Education Management, Leadership and Policy. University of KwaZulu-Natal, Durban, 2016.
Keywords
Theses - Education.