International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Elucidating Misconceptions; The Role and Responsibilities of School Heads in Financial Management

Author(s) Ms. Ruby Jane Ulan-Ulan Talam, Queenie Lyn G. Almerez
Country Philippines
Abstract This research aims to have clarity on the misconception commonly perceived around with school head’s role on financial management within the basic education. School heads are often considered to be a solo responsibility as financial managers, and yet they interact and have collaborative structure involving master teachers, classroom teachers and even stakeholders within the community. Through qualitative analysis of interviews, this research identifies the prevailing misconceptions about school heads discretion and accountability. Furthermore, research participants view them as in-charge for budgeting, managing, and controlling finances to some degree, they are also bound to have governed by existing policies, governing structures, and accountable frameworks and mechanisms. To explain mismanagement of finances, the study puts a focus on transparency, participatory financial planning, and stakeholder involvement. This paper clarifies the limits and implications regarding the role of school finances in financial leadership and aids in developing a more precise understanding of the educational system’s governance. Further training and workshops on teachers include enhanced financial literacy training and the institutionalization of inclusive budgeting practices to strengthen trust and operational effectiveness is therefore highly recommended that could build stronger institutional backbone structures.
Keywords school heads, financial management, misconception, accountability, empowerment
Field Sociology > Education
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-05-27
DOI https://doi.org/10.36948/ijfmr.2025.v07i03.46103
Short DOI https://doi.org/g9m28f
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