Administering the School Budget & Accounting and Auditing - Essay Example

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Administering the School Budget & Accounting and Auditing

The paper discuses the budget transaction and determines whether York Elementary School (in Fentress County) still relies on paper origination. The paper presents a discussion with the school principal of York Elementary School concerning necessary forms, outline checks and balances in the school financial system. This paper will also explore a review of the most recent audit of York Elementary School. In this regard, the paper presents the requirements of state auditors, recommendations made for the district, and the types of surety bonds for the school. Site-based budgeting is a budgeting approach involving the development of a budget by the united efforts of the community, administrators, and teachers at the level of school (Brimley, Rulon, & Garfield, 2008). It clearly gives out a chance for the staff to help in making a budget. It is an approach that depends on systems that are decentralized so as to provide revenue for materials, equipments, instructional supplies, library books, and texts. Some school districts in Fentress County use this technique in analyzing the needs of students that relate to the resources in teaching. Another school budgeting process is referred to as the outcome-focused budgeting. ...Show more


Administering the School Budget & Accounting and Auditing. Name Institution Response to question 1. The accounting system of a school has state offices whose main role is to keep records of finances and make expenditures. For instance, school administrators have a vital role in protection of school funds, facilitating the efficiency of the accounting principles…
Author : tavarescrooks
Administering the School Budget & Accounting and Auditing essay example
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