EDUCATION FINANCING MANAGEMENT AT AL AZHAR ISLAMIC SCHOOL BUKITTINGGI

Abstract

Education Financing Management is the process of managing financial resources in the 
education process which includes transparent and accountable planning, use and supervision. 
This research aims to describe the management of education financing at the Al Azhar Islamic 
School Bukittinggi, using qualitative descriptive analysis methods. Financing management starts 
from budget planning, fund allocation, financial management, monitoring and evaluation. The 
budget planning process prepared in the RAPBS must be carried out systematically, starting 
with identifying needs by school unit leaders, estimating the costs required, determining funding 
sources, preparing the budget, approval and ratification by the Foundation. The allocation of 
funds and financial management must be in accordance with the approved RAPBS and the 
implementation process is regulated in Foundation regulations in the form of the Foundation's 
Financial Management SOP. Monitoring and evaluation to ensure that the use of funds is in 
accordance with planning objectives and applicable standards is carried out periodically to 
assess the effectiveness of financial management and make necessary adjustments. Finally, in 
financial management, the Foundation carries out an audit and accountability process to ensure 
that budget implementation runs in accordance with applicable plans and regulations. In this 
way, it is hoped that this education financing management can support improving the quality of 
education and achieving the academic goals of the Al Azhar Bukittinggi Islamic school.