Integrating Sound Financial Management in Schools: A Case of IPSAS Implementation

Reforms in financial management systems and processes in public primary and secondary school are becoming critical in response to increasing demands for greater transparency and accountability in the management of how they utilize public finances. Poor budgeting has made it difficult for head teachers to effectively run schools as some were overspending on some vote heads and under-spending on some leading them into other problems
such as misappropriation and mismanagement of school funds. We spoke to the team at the Ministry of Education, Directorate of Schools Audit, to learn more on the reforms initiatives being implemented to improve accountability in financial management and strengthen good governance.