DEVELOPING GUIDELINES FOR RISK MANAGEMENT OF BUDGET IN THE SCHOOLS UNDER THE SECONDARY EDUCATIONAL SERVICE AREA OFFICE 25

Abstract

          The research article aimed to study the current situations, desirable situations, needs and to develop the guidelines for risk management of budget administration in schools under the secondary Educational service area office 25. There were 2 phases of the study. Phase 1 was the study of the current situations, desirable situations and needs for risk management of budget administration. The sample of the study was 201 participants consisted of school director or vice directors, teachers who responsible for the head of budget, supplies and accounting section in schools. The sample was selected by stratified random sampling using Krejcie & Morgan table. Phase 2 was the developing guidelines of risk management for budget administration. It was divided into 2 stages; stage 1 was the study of risk management in schools where there was good guidelines. Stage 2 was planning and evaluation of the guidelines for risk management by the experts. The instruments used were questionnaire, interview questions and evaluation form, the reliability of the currents situations was 0.996 and the reliability of desirable situations was 0.997. The statistics used in the study comprised of percentage, mean, standard deviation and PNI modified.

          The results revealed that: The current situations and desirable situations of risk management for budget administration in secondary schools shown that overall and each aspect rated in more level. Needs for risk management of budget administration revealed that the most needed was supplies, accounting, planning and budget respectively. The guidelines of risk management for budget administration consisted of 5 steps; defining the objectives of risk management, specifying the risks, evaluation the risks, management and planning of risk administration, reporting and following up. The results of the evaluation guidelines for risk management of budget administration in secondary schools pointed out that the appropriateness and the possibility rated in the most level.