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.
This collection contains: