Effects of Financial Management on Learners’ Performance in Muslim Government Aided Primary Schools in Luwero District, Uganda
DOI:
https://doi.org/10.47941/jep.2034Keywords:
Financial, management, learners, Academic, Performance, Government, Aided and schools.Abstract
Purpose: This study aimed at investigating the effect of financial management in Muslim Government aided primary schools on learners’ performance in Luweero District. There so many religious founded Primary schools in the target area but Muslim founded are performing poorly in academics, despite government provides teachers, scholastic materials, supervision and funds equally.
Methodology: A casual comparative study design was used following a purposive and simple random sampling method of 371 respondents out of 10,787 populations. Questionnaires were used to collect quantitative data; Interviews were conducted on the selected group of people. Quantitative data was analyzed using descriptive statistics and inferential analysis (correlation) with the aid of SPSS while qualitative data was analyzed using manual thematic analysis.
Findings: The study revealed that budgeting has a strong positive and significant effect on learners’ performance (β=0.806, P-value=0.000) at a 0.05 level of significance and further revealed that book keeping has a weak positive and significant effect on learners’ performance in Muslim founded schools in Luweero district (β=0.394, P-value=0.000) at a 0.05 level of significance.
Unique contribution to theory, policy and practice: The study recommended that the school management should; embrace the various budgeting techniques to ensure improvement of learner’s performance and achieve financial sustainability. Employ qualified accountants to perform book keeping tasks to aid management decision making in Government aided primary schools in Luweero District
Downloads
References
Bastida, F., Bracci, E. and Hoque, Z. (2022). Accounting for unstable environments in the public sector: managing post-COVID-19 times. Journal of Public Budgeting, Accounting and Financial Management, Vol. 34 No. 1, pp. 1-26.
Cohen, S., Manes Rossi, F., Mamakou, X. and Brusca, I. (2022). Financial accounting information presented with infographics: does it improve financial reporting understandability? Journal of Public Budgeting, Accounting & Financial Management, 34(6), 263-295
Hagelskamp, C., Silliman, R., Godfrey, E. B., & Schleifer, D. (2020a). Shifting Priorities: Participatory Budgeting in New York City is Associated with Increased Investments in Schools, Street and Traffic Improvements, and Public Housing. New Political Science, 00(00), 171–196.
Hajaroh, M., Rukiyati, Purwastuti, L. A., & Nurhayati, R. (2021). Development of the evaluation instrument of the child-friendly school policy in elementary schools. International Journal of Instruction, 14(3), 327–340.
Langella, C., Anessi-Pessina, E., Botica Redmayne, N. and Sicilia, M. (2021). Financial reporting transparency, citizens’ understanding, and public participation: a survey experiment study. Public Administration, pp. 1-20
Lee, K. G., & Polachek, S. W. (2018). Do school budgets matter? The effect of budget referenda on student dropout rates. Education Economics, 26(2), 129–144
Local governments financial and regulations (2007) 138/139,
Maisaroh, S., Slamet, & Hadi, S. (2019). The budget planning determinant factors at state primary schools in Yogyakarta Province. International Journal of Instruction, 12(2), 353–368.
Manes-Rossi, F., Nicolò, G. and Argento, D. (2020). Non-financial reporting formats in public sector organizations: a structured literature review. Journal of Public Budgeting, Accounting and Financial Management, 32(4), 639-669.
Ministry of education and sports annual statistical report 2018)
Mwasame, M., Chepkoech, E., Maiyo, J. (2022). Effect of Budget Preparation on Performance of Academic Projects in Kimilili Sub-county, Bungoma county, Kenya. International Journal of Economics, Business and Management Research, 6(9), 13-26
Odundo, P. A., & Oyier, C. R. (2017). Influence of Policy Framework on Budgeting for Science Instructional Resources in Kenyan Secondary Schools. Archives of Business Research, 5(4), 19–34.
Ololube, N. P. (2016). Education fund misappropriation and mismanagement and the provision of quality higher education in Nigeria. International Journal of Scientific Research in Education, 9(4), 333-349.
Pandit, I. M. (1995). Financial management. New Delhi: Vikas Publishing Ltd
Pärl, Ü., Paemurru, E., Paemurru, K. and Kivisoo, H. (2020). Dialogical turn of accounting and accountability integrated reportinnon-profit and public-sector organizations. Journal of Public Budgeting, Accounting and Financial Management, 34(1), 27-51.
Prempeh, A., Osei, B., Osei, F., & Kuffour, E. O. (2022). Accounting Records Keeping and Growth of Small and Medium Enterprises in Kumasi Metropolitan. Open Journal of Social Sciences, 10, 184-207
Sangiumvibool, P., & Chonglerttham, S. (2017). Performance-based budgeting for continuing and lifelong education services: the Thai higher education perspective. Journal of Higher Education Policy and Management, 39(1), 58–74.
Thottoli, M.M. (2021). Knowledge and use of accounting software: evidence from Oman", Journal of Industry - University Collaboration, 3(1), pp. 2-14.
Ugiriwabo, P., Tuyishime, D., Nizeyimana, G., & Ntahobavukira, B. (2023). The Impact of Financial Management Practices on Academic Performance in Day Schools of Kicukiro District in Rwanda. African Journal of Educational and Social Science Research, 11(3), 119-128
Wanjala, Joel, Lydiah Wamocha, Antony Sang. (2020). Effect of Principals’ Financial Management Practices on Academic Achievment in Public Secondary Schools in Bungoma East Sub-County, Kenya. British Journal of Education, 8(9), 13-27
Yankah, R., Osei, F., Owusu-Mensah, S., & Agyapong, P. J. (2022). Inventory Management and the Performance of Listed Manufacturing Firms in Ghana. Open Journal of Business and Management, 10, 2650-2667.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Lubwama Hamiis Abasi, Assoc. Prof. Dr. Nabukeera Madinah, Assoc. Prof. Dr. Matovu Musa
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
