Fiscal Reporting in Special Education
The element of fiscal reporting constitutes a key component of special education program delivery. It plays a vital role in the acquisition and supplying (after completing centralized accounting) valuable information for supporting decisions and justifying financial resource utilization. The value of information may be proven through its content: i.e., resources' nature and the means adopted for raising them, resource allocation according to approved budget provisions, and their utilization (Cenar, 2011)
Successful special education management necessitates effective information utilization. Information pertaining to special education spans from student and staff data to program- and school- level financial data. An inclusive education data system will be able to offer the following benefits:
Data can be utilized in the decision-making process;
It can used for targeting particular improvement areas;
Disaggregated data can be utilized for examining wide-ranging aims;
Data can be employed for timely evaluation of special education program;
It can improve mandated reporting and administrative efficiency; and,
It may be used to aid budgetary control (Allison, Honegger & Johnson, 2009).
A holistic information system has particularly apparent benefits in the area of examining the link of cost with program. For appropriate, timely, and cost-effective decision-making with regard to students, programs, and schools, complete and precise information...
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