APPRAISAL OF FINANCIAL MANAGEMENT STRATEGIES OF STATE COLLEGES OF EDUCATION IN SOUTH EASTERN NIGERIA

📄 Project Abstract

The main purpose of this study was to appraise the financial management strategies of State Colleges of Education in South Eastern Nigeria. The five State Colleges of Education namely: Abia State College of Education Arochukwu, Enugu State College of Education Technical Enugu, Nwaforizu College of Education Nsugbe, Anambra State, Ebonyi State College of Education Ikwo and Alvan Ikoku College of Education Owerri, Imo State formed the area of the study. The study specifically appraised the extent of implementation of financial management strategies with regard to: budget preparation; budget implementation; regulations relating to fund management; alternative sourcing of funds; and cost saving measures. The study answered five research questions and tested five null hypotheses at 0.05 level of significance. The study used descriptive survey design. The population consisted of 279- made up of 108 accounting staff of the bursary departments and 171 heads of Units. The entire population was ...