Financial Management In Education In South Africa (PDF)

The priority that is given to providing quality education through a system of public schools in South Africa is manifest in both government spending and the right to education as enshrined in the Constitution. Addresses the growing concern about the quality of the output of the South African education system and the insistence on accountability regarding the return on investment in education. Leads critical discussions on different dimensions to and perspectives on issues related to the funding of education. Focuses on the concurrent obligations of creating infrastructure and providing quality education to every learner in the public school system. Introduces entrepreneurship as an answer to the imperative of Section 36 of the South African Schools Act. Contents include the following: Latest developments in the field of financial management in public education Policies on the funding of public services Legal framework of the funding of public education Rights, obligations (duties), accountability and liability Practicalities involved in the management of funds and other assets Budgeting processes, management of the budget and the keeping of records Project management and strategic management skills The economics of education at micro, meso and macro levels