ANALYSIS OF EFFECTIVENESS ON FINANCIAL MANAGEMENT AND FINANCIAL PLANNING IN THE EDUACATION SYSTEM
Financial management and financial planning to the improvement of the efficient and effective use of finances in education system. This includes the financial activities' planning, arranging, directing, and controlling. Financial planning is the process of defining financial objectives, rules, procedures, plans, and budgets. Education departments would be able to properly deal with financial planning in the education field if they are well informed on their duties and responsibilities in financial management. Financial planning and management are essential components of effective and efficient financial management in education. The goal of the fieldwork was to determine the scope of potential financial management and planning issues in educational management. Major variables in the education system, such as strategic management and budgeting, planning, financial control, and the management cycle, were discovered.
Management, Finance, Planning, Budget, Control, Education system