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    TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS
    TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS
    TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS
    Ebook186 pages1 hour

    TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS

    By Julie Ann Bayani and Eunice Atienzar EDD

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    About this ebook

    For the past few years, countless school principals have been transferred from one school to another due to mismanagement, particularly in school finances. Hence this book will guide novice school principals as Fiscal Managers.

    LanguageEnglish
    PublisherBennett Media and Marketing
    Release dateFeb 22, 2023
    ISBN9781957114583
    TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS

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      Book preview

      TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS - Julie Ann Bayani

      TRAVAILS_OF_NOVICE_PRINCIPALS_AS_FISCAL_MANAGERS_Cover_3.jpg

      TRAVAILS

      OF NOVICE PRINCIPALS

      AS FISCAL MANAGERS

      A Thesis Proposal Presented to

      The Faculty of the Professional School

      University of Mindanao, Davao City

      In Partial Fulfillment of the Requirements for the Degree of
      Master of Arts in Education, Major in Educational Management

      JULIE ANN D. BAYANI

      &

      EUNICE A. ATIENZAR, EDD

      December 2022

      ISBN: 978-1-957114-57-6 (Paperback)

      ISBN: 978-1-957114-58-3 (eBook)

      APPROVAL SHEET

      This thesis entitled TRAVAILS OF NOVICE PRINCIPALS AS FISCAL MANAGERS prepared and submitted by JULIE ANN D. BAYANI in partial fulfillment of the requirements for the degree of MASTER OF ARTS IN EDUCATION major in Educational Management, has been examined and is thereby recommended for thesis proposal and outline defense.

      EUNICE A. ATIENZAR, EdD

      Adviser

      PANEL OF EXAMINERS

      APPROVED by the Panel of Examiners an Oral Examination with a grade of ______.

      EUGENIO S. GUHAO, JR., D.M.

      Chairman

      Member: JOEL B. TAN, CPA/DBA Member: JOCELYN B. BACASMOT, PhD

      Member: EDWIN NEBRIA, PhD Member: RINATE L. GENUBA, EdD

      ACCEPTED in partial fulfillment of the requirement for the degree,

      MASTER OF EDUCATION major in Educational Management.

      Comprehensive Examination :_____________

      ACKNOWLEDGEMENT

      I would like to express my heartfelt thanks to God Almighty, the source of all wisdom and knowledge, for making it possible for me to overcome all obstacles in completing this study.

      I’d also like to thank the following people:

      Dr. Eunice Atienzar, my adviser, for her unwavering leadership, unending support, and invaluable thoughtfulness;

      The panel members: Dr. Joel B. Tan, Jocelyn Bacasmot, Rinante L. Genuba, and Edwin Nebria, for their comments, constructive criticism, corrections, and ideas to enhance the study;

      Dr. Reynaldo M. Guillena, CESO V, Davao City Division Schools Division Superintendent, for letting me perform the study.

      Special acknowledgment to my Transform Global Faith Ministry family, who have been my prayer partners and constantly remind me that I am called for such a purpose that God has in store for me.

      DEDICATION

      I dedicate this work to my Savior, Lord Jesus, for always lighting the way for me in this learning journey. Your still, small voice whispered to me to push through and never give up on every doubt and worry that crossed my mind. As a result of my efforts in this lifetime’s calling, this accomplishment belongs to You.

      I also dedicate this paper to my family, starting with my papa, who has always been my encourager. My mother, who may not have been with me over the years, she’s still been one of the reasons I have achieved great things in life. And, of course, to my three brothers, who always stand by me whenever I need them.

      I also want to dedicate this study to my current Communal National High School. All the people there, especially my students, become one of the motivations for why I strive to be a better person and an excellent educator.

      I would remember to dedicate this research to the future school leaders who aspire to bring positive changes; keep pushing through!

      ABSTRACT

      This phenomenological study aimed to set guidelines for future school leaders as fiscal managers. The study utilized a qualitative research design with a phenomenological approach with six new principals that were chosen through purposive homogeneous sampling, which used thematic analysis as a data analysis tool by utilizing an interview guide. The findings revealed that school leaders experienced the following during their early years: a constant need to plan for school improvement; difficulty addressing school concerns, particularly those concerning school resources; uncertainty about the factors to consider when handling school finances; and a range of emotions as a school leader. In coping mechanisms, they find these things important such as collaboration with mentors and colleagues; continuous learning and updating; ingenuity and resourcefulness; and being open and optimistic. Moreover, the participants mentioned their learning insights: act in our role as the school head; connect with our mentors and peers in the field; be literate in fiscal management; and be receptive and willing to learn. Indeed, schools need leaders to handle finances as they affect the organization, so this study sets guidelines to help future school principals as fiscal managers.

      Keywords: travails; novice principals; fiscal management; phenomenological; NVIVO software; thematic analysis; Philippines

      TABLE OF CONTENTS

      TITLE PAGE i

      APPROVAL SHEET ii

      PRELIMINARIES iii

      ABSTRACT v

      CHAPTER 1 INTRODUCTION

      Rationale 1

      Purpose of the Study 2

      Research Questions 2

      Theoretical Lens 2

      Significance of the Study 3

      Definition of Terms 3

      Delimitation and Limitation 3

      CHAPTER 2 REVIEW OF RELATED LITERATURE

      Review of Related Literature 5

      CHAPTER 3 METHODS

      Research Design 15

      Role of the Researcher 15

      Research Participants 15

      Data Collection 16

      Data Analysis 17

      Trustworthiness of the Study 17

      Ethical Standards 18

      CHAPTER 4 RESULTS

      Results 21

      CHAPTER 5 DISCUSSION

      Implication for Educational Practice 40

      Implication for Future Researchers 41

      Concluding Remarks 41

      REFERENCES 43

      APPENDICES

      Archival Log 51

      UMERC Certificate 54

      Informed Consent Form 59

      Questionnaire Validation Sheets 61

      In-Depth Interview Guide Questions 63

      FGD Pictures and Link for Recording 67

      Transcription on FGD 71

      Peer Debriefing Certificate 97

      Member Check Certificate 99

      NVIVO Tool Screenshots 107

      Plagiarism Check Receipt 111

      Grammarly Check Certificate 113

      Curriculum Vitae 115

      Chapter 1

      INTRODUCTION

      Rationale

      This study focuses on new school principals’ difficulties during their first to third year on the job, particularly in managing school finances. As it says, a leadership role is challenging (Kuligowski, 2022), given that there are many challenges you have to go through when you are in the position. Most school principals find the job difficult since they need help with many things, like administrative tasks and financial management. This includes dealing with disgruntled or unhappy teachers and other employees who may try to undermine the principal’s authority, which drains their energy (Harper, 2018).

      Moreover, while school heads are perceived to be skilled, competent, and compassionate, these qualities cannot compensate for basic school needs, which is why the organization requires a school leader who is experienced in financial management, as it has a significant impact on the quality of education along the way.

      Fiscal management among novice school heads is critical in decision-making, as they are responsible for not only protecting, developing, and using resources, pushing and maintaining economic growth, and increasing income but also effectively and efficiently managing all school resources (Arrieta & Ancho, 2020). If finances are mismanaged, it can significantly affect the school’s overall performance. Mismanagement is a significant failure to carry out the responsibility to lead and manage an institution or an administration (Spacey, 2020). Thus, financial mismanagement is management that is done in a way that can be described as wrong, bad, negligent, inefficient, or inept and has a detrimental impact on a company’s or individual’s financial condition. Financial mismanagement can be carried out in a variety of ways. For example, proper responsibility distribution, consistency with payments, bills, and taxes disregarding responsibilities, financial difficulties, and economic status can result in significant financial mismanagement (Nathaniel, 2019).

      Furthermore, this paper is anchored first in the study of Butt (2010), which suggests that efficient use and adherence to financial management practices lead to increased business performance. Companies that are well-managed financially are also operationally efficient. This is a positive sign for investors and regulatory bodies. These might also help organizations get a competitive advantage in future forecasting. The second proposition is about learning by doing. According to David Kolb, this type of learning is the process by which information is formed via the transformation of experience, knowledge coming from the combination of comprehending and modifying experience (Cherry, 2020).

      Adding on, because school principals shoulder enormous responsibilities, many need help grasping the scope of their duties and reliability in accounting and finance (Shkurina, 2018). Accounting and financial reporting are the cruces of a school’s economic and academic success. On this note, the researcher was motivated to embark on this study to find out and understand the lived experiences and struggles of novice principals as fiscal managers. Moreover, after reviewing various literature, it was discovered that there was no similar study, especially in local and global settings. Thus this study will contribute to the avoidance of unnecessary mistakes, such as what happened in an Illinois private school, which ran a one-million-plus deficit in 2014 due to a wrong account being accidentally used. As a result, the school got buried in debt worth hundreds of thousands of dollars for years to come. (Shkurina, 2018).

      Purpose of the Study

      This qualitative study aims to guide future school leaders, particularly in financial management. As we all know, being a first-timer or newbie is not simple, so the insights gained here will be beneficial to us, not only as a researcher but also as hopeful individual who hopes to become school leader one day if God permits. This study focuses on the real-life experiences of new principals who have already served for 1–3 years.

      This research allows us to broaden our social experiences with this group of school principals. We could connect with their opinions, beliefs, and feelings during the interview and in-depth and focused group discussions. As a result, future school principal hopefuls will benefit since they will be aware of the potential difficulties that may arise from holding the job. One can prepare for what to do and what not to do by just reading this study. Henceforth, this study contributes to future school leaders’ learning and preparation.

      Research Questions

      What are the experiences of novice principals as fiscal managers?

      How do they cope with the challenges or obstacles as fiscal managers?

      What are the insights that can be drawn from this study?

      Theoretical Lens

      As a researcher, we took the time to check the theories that would be appropriate for this study and discovered one proposition and one idea. The first is the research of Butt, B.Z. (2010), implying

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