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Assessment of Financial Management Practices of Special Science Secondary Schools in Niger State, Nigeria (2005 – 2010)

Abstract 

 This study assessed the financial management practices of the Special Science Secondary Schools in Niger State (2005 – 2010). Five research questions and five null hypotheses were formulated to address the study. A 50 item questionnaire was developed using the accounting systems manual for Science and Technical Schools in Niger State. The reliability was determined using cronbach Alfa formula. Copies of the questionnaire were administered to all the 18 Special Science Secondary School Principals and their Bursars, the 24 Senior Staff from the Science and Technical Education Board (STEB), and the 144 Heads of Departments. No sampling was carried out because of the small size of the population. All the 204 copies of questionnaire were returned duly completed. Descriptive survey design was used. The statistics used for the analysis were the mean, standard deviation and a one-way analysis of variance (ANOVA). The study found out that to a great extent the principal officers (Principals and Bursars) adhered to use of guidelines on sourcing of funds only in the area of grants from the Ministry, and to a little extent they adhered to use of guidelines on sourcing of funds with respect to agricultural proceeds, tuition fees, P.T.A. levies, rentage of school properties, extra-mural studies and science exhibitions. There was no adherence to rules and regulations on preparation of annual budget, and use of funds. There was compliance with guidelines on disbursement of funds and auditing/monitoring of the use of funds. The study discovered that there were no significant differences on the opinions of the principals, bursars and senior staff on sourcing of funds, budget preparation, fund disbursement, use of funds and also no significant difference between the principals and the senior staff of the Board on the monitoring of the use of funds for Science education programmes in Special Science Secondary Schools. Based on the findings of the study, it was recommended that seminars and workshops should be organized for principals on the use of funds and basing the appointment of principals on academic qualifications (merit) and experience.

Project detailsContents
 
Number of Pages149 pages
Chapter one Introduction
Chapter two Literature review
Chapter three  methodology
Chapter  four  Data analysis
Chapter  five Summary,discussion & recommendations
ReferenceReference
QuestionnaireQuestionnaire
AppendixAppendix
Chapter summary1 to 5 chapters
Available documentPDF and MS-word format


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