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Fiscal Management and Practices, Summaries of Education Planning And Management

Notes, Research, and Fiscal Practices

Typology: Summaries

2024/2025

Uploaded on 03/13/2025

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BEA’S PART SA FISCAL
1st slide
• Fiscal risk management involves identifying, analyzing, and mitigating financial risks that could affect a
school’s budget and financial stability (IMF, 2016).
Ensuring financial stability
Preventing fiscal mismanagement
Enhancing budget efficiency
2nd slide
• Effective fiscal risk management ensures stability and efficiency in public sector operations (IMF, 2016).
• School leaders play a critical role in identifying and addressing fiscal management threats to optimize
resource utilization.
3rd slide
• Poor fiscal management leads to financial confusion and inefficiencies. (Tsharane & Bussin, 2022)
Inadequate financial skills
Lack of transparency
Poor reporting practices
• Disadvantaged schools struggle with balancing financial responsibilities alongside other leadership
roles.
4th slide
• Proper fiscal management enables school leaders to allocate resources efficiently to improve
instruction and student performance (Dionaldo & Espinosa, 2024).
Financial training for school heads
Better fiscal decision-making
Enhanced teacher and student outcomes
5th slide
• Fiscal management encompasses financial transactions, stakeholder engagement, and budget
allocation (Vicente et al., 2023).
• Effective leadership and fiscal management skills correlate with accountability and education quality
(Sagucom et al., 2022).
Transparent budgeting
Ethical resource distribution
Improved institutional governance
6th slide
• Disparities in per-student spending impact academic outcomes (Edelman et al., 2024).
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BEA’S PART SA FISCAL

1st slide

  • Fiscal risk management involves identifying, analyzing, and mitigating financial risks that could affect a school’s budget and financial stability (IMF, 2016).  Ensuring financial stability  Preventing fiscal mismanagement  Enhancing budget efficiency 2nd slide
  • Effective fiscal risk management ensures stability and efficiency in public sector operations (IMF, 2016).
  • School leaders play a critical role in identifying and addressing fiscal management threats to optimize resource utilization. 3rd slide
  • Poor fiscal management leads to financial confusion and inefficiencies. (Tsharane & Bussin, 2022)  Inadequate financial skills  Lack of transparency  Poor reporting practices
  • Disadvantaged schools struggle with balancing financial responsibilities alongside other leadership roles. 4th slide
  • Proper fiscal management enables school leaders to allocate resources efficiently to improve instruction and student performance (Dionaldo & Espinosa, 2024).  Financial training for school heads  Better fiscal decision-making  Enhanced teacher and student outcomes 5th slide
  • Fiscal management encompasses financial transactions, stakeholder engagement, and budget allocation (Vicente et al., 2023).
  • Effective leadership and fiscal management skills correlate with accountability and education quality (Sagucom et al., 2022).  Transparent budgeting  Ethical resource distribution  Improved institutional governance 6th slide
  • Disparities in per-student spending impact academic outcomes (Edelman et al., 2024).
  • Financial mismanagement results from:  Poor oversight  Lack of financial literacy  Bureaucratic inefficiencies (Groenewald et al., 2024) 7th slide
  • Fiedler’s Contingency Theory (1964) suggests that management strategies must be tailored to an institution’s unique challenges (Ismail et al., 2010).
  • Fiscal literacy, accountability, and transparency are essential for effective fiscal management (Mamburao Jr & Manubag, 2023).