Administering the School Budget & Accounting and Auditing - Essay Example

Only on StudentShare

Extract of sample
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

Summary

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
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Administering the School Budget & Accounting and Auditing"
with a personal 20% discount.
Grab the best paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT