FACTORS AFFECTING FINANCIAL MANAGEMENT OF PUBLIC SECONDARY SCHOOLS IN MARANI DISTRICT, KENYA A ThesisSubmitted to the Department of Management School of Business University of Eastern Africa, Baraton In Partial Fulfilment of the Requirements for the Degree of Master of Business Administration (Finance) Esther MoraaOndieki July,2015 DECLARATION SHEET This thesis is my original work and to the best of my knowledge this work has not been published and/or presented to any University for an award of a degree. __________________ _________________ Esther MoraaOndieki Date DECLARATION BY THE SUPERVISORS This thesis has been submitted for examination with our approval as University supervisors. ______________ _____________ Dr Allen Monta Date ________________ _______________ Prof. Abraham Idowu Date Abstract This study pursued to find out the factors affecting the financial management of public secondary schools in Marani District, Kenya. The study engaged descriptive study design. In the district there are 28 schools and 16 was chosen randomly to participate in the study. Respondents were bursars/accounts clerk, principals and BOG. Questionnaire was used to acquire data from the respondents. Furthermore some
Barry, C., and Wysong, C. 2010. School-Finance Reform in Red and Blue. Where theMoney Goes Depends on Wh
This research paper is a brief discussion of budget management analysis. Budgeting is the key to financial management, and is the key to translates an organization goals or plan into money. Budgeting is a rough estimate of how much a company will need to get their work done, and provides the basis for evaluating performance, a source of motivation, coordinating business activities, a tool for management communication and instructions to employees. Without a budget an organization would be like a driver, driving blinded without instructions or any sense of direction, that’s how important a budget is to every organization and individual likewise (Clark, 2005).
1. The paper fulfills the purpose of the assignment as described in the syllabus and in this document (up to 10 points)
Warren Company makes candy. During the most recent accounting period, Warren paid $3,000 for raw materials, $4,000 for labor, and $2,000 for overhead costs that were incurred to make candy. Warren started and completed 10,000 units of candy, of which 7,000 were sold. Based on this information, Warren would recognize which of the following amounts of expense on the income
I hereby declare that this submission is my own work and that, to the best of my knowledge and belief, it contains no material previously published or written by another person nor material which to a substantial extent has been accepted for the award of any other degree or diploma of a university or other institution of higher learning, except where due acknowledgment is made in the acknowledgments.
This paper is the rough draft version. There are grammatical errors and other such errors in it.
We will rewrite the thesis to be straightforward and underline the main four topics for the
Based on the master budget, there have something wrong and unclear. All the numbers are the same, evenly quarter two have more sale than other quarter, at least less 30% than quarter two. We can easy to recognize with a few changes and we can achieve a goal $1.000.000
work. These themes and many more will be explored throughout this paper in an attempt
Growing up as a Kansas City, MO resident, I attended schools in the Kansas City school district. I attended J.S Chick African Centered school in elementary and I could always remember having two teachers to even out the student teacher ratio, so therefore we all were able to get individualized attention. Nowadays elementary school students aren't able to have this benefit. With all of the school shutdowns in the Kansas City, MO school district our children are being effected tremendously.
Financial Management Introduction = == == == ==
The management of cash is essential to the survival of any organization. Managing an organization’s financial operation requires knowledge of the economy and ways to maximize revenue. For any organization to operate on a daily basis adequate cash flow is required. Without cash management the organization will be unable to function because there is no cash readily available in case of inconsistencies in the market. Cash is also needed to keep the cycle of the company’s operations going.
Financial Statements basically show the historical performance or record of the company at some previous point of time. By the time when financial statements are made public, changes are many economical areas such as market conditions, currency exchange rate and inflations can change the values of assets and liabilities. In this case there often exist discrepancies between book value of assets and their market values.
I certify that this literature review is my own work and contains no material which has been accepted for the award of any degree or diploma in any institute, college or university. Moreover, to the best of my knowledge and belief, it contains no material previously published or written by another person, except where due reference is made in the text of the dissertation.
I confirm by submitting this work for assessment that I am its sole author, and that all quotations, summaries or extracts from published sources have been correctly referenced. I confirm that this work, in whole or in part, has not been previously submitted for any other award at this or any other institution.