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About: Financial Management of Schools

Collection type: Ph.D. thesis

Thesis by: Leslie Swartz. E-mail the author

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Name: Financial Management of Schools
ID: col11137
Language: English (en)
Summary: This study focuses on the management of public schools' finances. The Constitution of the Republic of South Africa, Act 108 of 1996 and The South African Schools Act [SASA], Act 54 of 1996 deems it legally binding for the Minister of Education to determine Norms and Standards for the funding of public schools in consultation with the Minister if Finance. The Public Finance Management Act [PFMA], Act 1 of 1999, allows the Superintendent-General of the Department of Education to delegate the task of Responsibility Manager and Accounting Officer in respect of the management of a school's finances to the school principal. However, the South African Schools Act tasks the responsibility of the management of public schools' finances to the School Governing Body. This anomaly begs the question: Who is responsible for the management of the school's finances? The research reports on principals and school governing bodies working within the above legislative environment and homes in on a) The ability of principals and school governing bodies to manage the finances of the school efficiently and effectively. b) The skill levels of principals and school governing bodies i.e. do principals and school governing bodies have the necessary skills to perform their financial management functions. c) Has the Department of Education [DoE] provided the necessary training and development to principals and School Governing Bodies.
Collection Subtype: Ph.D. thesis
Subject: Humanities
Keywords: Public School Finances
License: Creative Commons Attribution License CC-BY 3.0

Authors: Leslie Swartz (
Copyright Holders: Leslie Swartz (
Maintainers: Wilbur Britz (, Leslie Swartz (

Latest version: 1.1 (history)
First publication date: Sep 18, 2009 7:05 am GMT-5
Last revision to collection: Nov 16, 2009 3:44 am US/Central


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Version History

Version: 1.1 Nov 16, 2009 3:44 am US/Central by Wilbur Britz
Complete thesis with all modules (chapters)

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American Chemical Society (ACS) Style Guide:

Swartz, L. Financial Management of Schools, OpenStax_CNX Web site., Nov 16, 2009.

American Medical Assocation (AMA) Manual of Style:

Swartz L. Financial Management of Schools [OpenStax_CNX Web site]. November 16, 2009. Available at:

American Psychological Assocation (APA) Publication Manual:

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Chicago Manual of Style (Bibliography):

Swartz, Leslie. "Financial Management of Schools." OpenStax_CNX. November 16, 2009.

Chicago Manual of Style (Note):

Leslie Swartz, "Financial Management of Schools," OpenStax_CNX, November 16, 2009,

Chicago Manual of Style (Reference, in Author-Date style):

Swartz, L. 2009. Financial Management of Schools. OpenStax_CNX, November 16, 2009.

Modern Languages Association (MLA) Style Manual:

Swartz, Leslie. Financial Management of Schools. OpenStax_CNX. 16 Nov. 2009 <>.