school finance.pptx
TRANSCRIPT
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Why this course is so important?
INTRODUCTION T
There is an increase number of school with fiscal
autonomy, and the advent governments
approach of School Based Management
processes, School Heads must understand the
basics of financial management.
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INTRODUCTION T
What will you learn from this module?
Define School Finance and identify its four
Phases
Identify the legal bases and state the roles of
School Heads in School Finance
Enumerate the module coverage and clarify the
use of each module to manage school finance
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INTRODUCTION T
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WHAT IS SCHOOL FINANCE?
refers to the school-based financial managem
system.
deals with managing the school financial reso
to support the goals developed by the school
increase student learning outcomes.
INTRODUCTION T
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financial planning based around the School Imp
Plan (SIP) and what we want to achieve in our sc
implementation of financial policies and proced
applicable to public elementary and secondary supports divisional and regional development stand plans.
School Finance also involves:
INTRODUCTION T
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FOUR PHASES OF SCHOOL FINANCE
1. Planning
Goal Setting Developing the planning premises Review limitations Deciding the planning period Formulation of policies and strategies Preparing operating plans Integration of plans
Failing to plan is planning to fail
Source: http://www.preservearticles.com/201106168040/what-are-the-steps-invo
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2. Budgeting
- process of relating the expenditure of funds in asystematic way to the achievement of the plannedmission and objectives of a school.
FOUR PHASES OF
2 important things to consider in Budgeting:
Where the fund comes from? What are the immediate needs of the
school based on the level of necessity orpriority?
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Stages in making School Budget
1. Identification of programmes, projects or activitiesyou wish to accomplish in the budget period.
2. Identification of the resources
3. Costing of the resources
4. Presentation of the budget as per budgetary
guidelines formulated by the government orfunding agencies.
5. Obtaining approval of the budget by theauthorities.
FOUR PHASES OF
http://library.unesco-iicba.org/English/Better_Schools/Better%20Schools/MODUL
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3. Implementing
- the process of realizing or executing the plan.
FOUR PHASES OF
The steps of implementing a (strategic)plan
Evaluate the (strategic)plan Create a vision on how to implement the (strategic) plan Select a person or personnel to help implement the (strate Schedule meetings to discuss progress reports Involve the upper management where appropriate.
http://smallbusiness.chron.com/implementation-process-strategic-plans
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4. Evaluating
FOUR PHASES OF
Identifies the successes of thecurrent plan
Identifies the needs in the nextyears plan
Evaluates and adjusts the plansprogress throughout the year
A Technical Assistance Document For: Planning and Evaluating Your S
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THE PROCESSES INVOLVES IN SCHOOL FINANCE
1. Secure the following documents from DepEd Regional Office: Regional plan
Schedule of Personal Services (PS) and Maintenance Operating and OExpenditures (MOOE)
2. Based on secured documents, prepare school plans to include:
Performance measures/specification of major final output with quperformance targets
Budget proposal
3. Seek approval for plans and budgets
4. Implement approved plans and budgets
5. Record, monitor, and review performance