Answer to Question #320852 in English for Peggy

Question

Who are four members who should ensure that there is good financial accountability and gorvenance in schools and their role.

Answer 1

 School principal-The principal must facilitate, support and assist the SGB in the execution of its statutory functions relating to the assets, liabilities, property and other financial management issues.

Accounting officer- An accounting officer handles the financial record keeping of the school. Accounting officers prepare invoices, record payments, and manage the expenses of the school.

School governing body- The governing body is given full responsibility of managing the finances of the school such as establishing a school fund, pre- paring a budget annually, collecting and administering school fees, keeping the financial re- cords, appointing an accountant and supplementing the school's resources.

Teacher appointed to seat with the finance committee- Teacher appointed to seat with the Finance Committee provides financial analysis, advice, and oversight of the school budget.