Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/5254
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dc.contributor.authorMaama, Harunaen_US
dc.contributor.authorZungu, Amosen_US
dc.contributor.authorOluka, Alexander Markeyen_US
dc.contributor.authorMarimuthu, Ferinaen_US
dc.date.accessioned2024-04-12T11:54:09Z-
dc.date.available2024-04-12T11:54:09Z-
dc.date.issued2023-
dc.identifier.citationMaama, H. et al. 2023. An evaluation of the level of financial reporting compliance of public schools in Kwazulu-Natal. Research and Evaluation in Education. 9(2): 171-183. doi:10.21831/reid.v9i2.62605en_US
dc.identifier.issn2460-6995 (Online)-
dc.identifier.urihttps://hdl.handle.net/10321/5254-
dc.description.abstractThe financial management and reporting practices of public schools in KwaZulu-Natal (KZN) are a matter of concern. Section 42 of the South African Schools Act (SASA) requires that the Member of the Executive Council (MECs) for Education in KZN develops financial reporting guidelines for the schools. As a result, each province in South Africa has its l financial reporting guidelines that provide a framework for schools to report their financial information accurately and transparently. However, there are concerns about the lack of financial accountability and transparency emanating from improper financial reporting on the parts of the schools. Poor reporting practices of KZN schools may lead to negative consequences such as financial mismanagement, misappropriation of funds, and inability to account for expenditures. As a result, this study examined how public ordinary schools complied with the financial reporting re­quirements set forth by the KZN Provincial Department of Education (PDE). The study used a content analysis method to collect data from 58 schools’ yearly financial statements over a two-year period. Descriptive statistics were used to analyze the quan­titative data gathered from the financial statements to assess the degree of conformity with KZN PDE financial reporting rules. The findings revealed various instances of public schools failing to follow the rules. The schools’ reporting practices were parti­cularly poor since they did not adhere to the reporting standards. The research contri­butes to understanding financial reporting compliance levels among schools in KZN. The study also provides recommendations to improve compliance and promote school financial accountability.</jats:p>en_US
dc.format.extent13 pen_US
dc.language.isoenen_US
dc.publisherUniversitas Negeri Yogyakartaen_US
dc.relation.ispartofResearch and Evaluation in Education; Vol. 9, Issue 2en_US
dc.subjectFinancial reportingen_US
dc.subjectComplianceen_US
dc.subjectPublic schoolsen_US
dc.subjectStatement of financial positionen_US
dc.subjectIncome statementen_US
dc.subjectKZN Provinceen_US
dc.titleAn evaluation of the level of financial reporting compliance of public schools in KwaZulu-Natalen_US
dc.typeArticleen_US
dc.date.updated2024-03-17T17:57:42Z-
dc.identifier.doi10.21831/reid.v9i2.62605-
item.grantfulltextopen-
item.cerifentitytypePublications-
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.languageiso639-1en-
item.openairetypeArticle-
Appears in Collections:Research Publications (Accounting and Informatics)
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