GUIDELINES FOR BUDGET MANAGEMENT ACCORDING TO THE PRINCIPLES OF GOOD GOVERNANCE FOR EDUCATIONAL INSTITUTIONS IN MAHARAT DISTRICT, PHRA NAKHON SI AYUTTHAYA PROVINCE

Abstract

This research aims to 1) study the problems and obstacles in budget management of educational institutions, 2) study the methods of budget management according to the principles of good governance, and 3) propose guidelines for budget management according to the principles of good governance. This research is a mixed-methods study applying a quantitative research by using a questionnaire with a sample group of 172 administrators and teachers. Data were analyzed using research statistics, including percentages, means, and standard deviations, and qualitative research by interviewing 5 key informants. Data were analyzed using content analysis. The research results found that 1) Overall, the problems and obstacles in budget management of educational institutions in Maharat District, Phra Nakhon Si Ayutthaya Province had high opinions, and each aspect had high opinions in all 3 aspects: financial management, property management, and accounting management, respectively. 2) The methods of financial management of educational institutions according to the principles of good governance (1) Educational institutions must have a clear financial management plan that is consistent with the vision, mission, and goals of financial management, and the preparation of accurate, complete, and timely financial accounts and reports. (2) Financial management must be efficient, economical, and worthwhile, with a transparent internal control system, and (3) using technology in financial management and developing a risk management system that may occur, having measures to prevent risks and develop personnel skills, training to provide financial knowledge and financial management regulations to responsible personnel. 3) Proposing budget management guidelines in accordance with the principles of good governance; (1) Financial management, educational institutions must prepare a budget plan with a clear vision, mission and goals, developing a system to monitor and inspecting budget use effectively, and organizing training to provide knowledge and understanding of budget regulations to personnel. (2) Accounting management, educational institutions should develop an accounting system correctly and punctually completed, preparing financial reports correctly and punctually completed, and keeping financial documents and evidence that could be verified. (3) Material and asset management, educational institutions should prepare a clear material and asset plan and a transparent procurement system that could be verified from the procurement of materials, to be effective, worthwhile, economical, and efficiently meet the needs of students and parents, and participating in the preparation of the management plan.