This study was designed to examine principals’ use of community financial resources and its impact on the management of secondary schools in Fako Division, South-West Region of Cameroon. The study was guided by two objectives which to investigate the impact of principals’ use of foreign aids and community/PTA levy and its impacts on the management of secondary schools. The survey research design particularly the cross-sectional survey design was used. This design was used because data were collected at once and not periodically as seen with longitudinal survey.  The population of the study comprised of 8746 teachers and 1217 principals from secondary schools in the South West Region of Cameroon. The sample population for the study was made up of 426 teachers and 29 principals. The purposive and simple random sampling techniques was adopted for the study. The instruments use for data collection were a questionnaire (closed and open ended questions) for teachers and an interview guide for principals. Data from close ended questions was analysed using SPSS 23.0, with the aid of descriptive and inferential statistical tools while open ended questions were analysed thematically. The Pearson Product Moment Correlation was used to test the research hypotheses formulated in the study. The finding shows that with reference to foreign aids, 67.5% of teachers accepted that the principal makes use of foreign aids and with reference to community/PTA levy, 61.1% of teachers accepted that the principal makes use of community/PTA levy. Hypothetically, the result of the analysis revealed that the calculated Гxy -value 0.289 is higher than the critical Гxy -value 0.0978 at .05 level of significance and degrees of freedom 426. Furthermore, the p-value of 0.000 is less than 0.05. With the result of this analysis, the null hypothesis was rejected and the alternative hypothesis accepted. This result implies that the use of community financial resources by principals do have significant impact on the management of secondary schools although the impact is moderate. The positivity of the correlation value 0.289** implies that management of secondary schools is more likely to be enhance when principals adequately make use of community financial resources. Therefore, it is generally recommended that, that using community financial resources to pay part time teachers will help the school to attain it goals and objectives, community financial resources will greatly help the schools attain their goals and objectives since we hardly given sufficient finances for the running of the school.

Principals, Community, Financial Resources

Ajayi, I. A. (2007). Motivation as correlate of teachers’ job performance in Ogun State Secondary Schools. UNAD Journal of Education. (3):155 -162.

Akinyemi, A. O. (2003). The role of accounting in the control of public expenditure in Nigeria. Journal of Financial Management and Analysis, 16(2), 1-11.

Atubi, O. F. (2018) Teacher utilization of community resources and effective teaching of upper basic Social Studies in Delta State (A M.Sc). Dissertation presented to the department of social science education, Delta State University, Abraka.

Bassey, E. E. (2010). The impact of accounting information on decision making process: A case study of United Bank for Africa (UBA) Nigeria. Research Journal of Finance and Accounting, 1(4), 1-11.

Bell, H., & Rhodes, K. (2006). Beyond Access: Transforming Policy and Practice for Gender Equality in Education. Oxford.

Bray, M. (2001). Partnerships in Education. Dimensions, variation and implications. UNESCO.

Chapman, D.W., Burton, L., & Werner, J (2010). Universal secondary education in Uganda: The head teachers’ dilemma. International Journal of Educational Development, 30(1), 77-82.

Chenhall, R. H., & Brownell, P. (2011). The role of management control systems in shaping strategic sensemaking. Journal of Accounting & Organizational Change, 7(3), 212-239.

Daniel, U. D., & Hassan, A. B. (2011). The impact of accounting information on decision making process: A case study of Nigerian breweries plc. International Journal of Business and Social Science, 2(13), 1-10.

Edem, B. O. (2007). The role of accounting in the management of public expenditure in Nigeria. Journal of Accounting and Taxation, 1(3), 32-39.

Ejeh, E. I, Okenjom, G. P, Chizi-Woko, C. N. & Agbo, P. N. (2016). Extent of Community Participation in Funding of Secondary School in Abakaliki Education Zone of Ebonyi State. International Journal of Academic Research in Progressive Education and Development, 5(3), 2226-6348.

Ekundayo, H.T. (2009). Administering Secondary Schools in Nigeria for Quality Output in the 21st Century: The Principals Challenge. European Journal Educational Studies 2(3).

Essien, E.E. (2020). Community Resources for the Development of Social Studies Curriculum in Nigeria. The Journal of Social Sciences Research, 6(4), 452-458.

Follett, M. P. (1920). The new state: Group organization the solution of popular government. Longmans, Green and Company.

Fonkeng, E. N. (2006). The role of accounting information in the management of small and medium scale enterprises (SMEs) in Cameroon. Journal of Small Business Management and Entrepreneurship Development, 4(1), 1-11.

Fonkeng, G. E. (2010). The History of Education in Cameroon: 1884-2010. Maryland Press.

Genevarius, N. J. I. (2021). Financial Management of the Principal as a Function of School Effectiveness in Selected Secondary Schools in Yaoundé Centre, Cameroon. World Journal of Research and Review, 12(1), 9-15.

Hammond, T. (2007). The role of accounting in the control of public expenditure in the UK: An empirical study. Journal of Accounting and Public Policy, 26(5), 535-559.

Hill, C. W. L. (2010). International business: Competing in the global marketplace. McGraw-Hill Education.

Johnson, J. (2015). Social studies for the twenty-first century: Methods and materials for teaching in middle and secondary schools. Longman Group Ltd.

Johnson, R. A., & Brown, K. A. (2020). The role of accounting information in decision making: Evidence from the Nigerian banking sector. Journal of Accounting and Finance, 20(3), 1-10.

Kwaghbo, T. M. (2008). The role of accounting information in the management of small and medium scale enterprises (SMEs) in Nigeria. Journal of Small Business Management and Entrepreneurship Development, 6(1), 1-10.

Masood, Q., & Sabir, M. (2004). SDPI Conference Paper No. 56: Burden of Stabilization on Provinces and its implications on Social Sectors, Islamabad, Pakistan.

Mbua, F. (2002). The role of accounting information in the management of public expenditure in Cameroon. Journal of Accounting and Taxation, 4(2), 12-19.

McCarthy, J. D., & Zald, M. N. (1973). The trend of social movements in America: Professionalization and resource mobilization. General Learning Press.

Mekollei, L. C. (2018). The impact of accounting information on decision-making process: Evidence from Cameroon. Journal of Accounting and Finance, 18(2), 1-10.

Molyneaux, K. J. (2011). Uganda's universal secondary education policy and its effect on 'empowered women: how reduced income and moonlighting activities differentially impact male and female teachers. Research in Comparative and International Education 6(1), 62-78.

Nasrin, A., Abdul, M.K., & Abdur, R. (2018). Efficient Management of Financial Resource and Constraints in Implementation of Budget at Secondary Schools. Global Social Sciences Review, 31(3), 529-542.

Negbo, E. A. (2006). The role of accounting in the management of public expenditure in Ghana. Journal of Accounting and Taxation, 8(1), 23-30.

Njagi, L. W., & Jagongo, A. (2013). The impact of accounting information on decision-making process: A case study of Equity Bank Kenya Limited. International Journal of Business and Social Science, 4(3), 1-10.

Nnebedum, C. R. (2007). Improving School-Community Relationship for Effective Management of Public Secondary Schools in Awgu Education Zone. NIGERIA.

Noor, M. F. M., & Othman, R. (2012). The role of accounting information in decision-making process: Evidence from Malaysian small and medium enterprises. Journal of Small Business Management and Entrepreneurship Development, 4(2), 1-11.

Obadiah, P.K. (2015). Availability and Use of Community Resources for Teaching Business Studies In Secondary Schools In Ruiru District Kiambu County.

Ogie, R. I. (2015). The impact of accounting information on decision-making process: A case study of Nigerian banks. Research Journal of Finance and Accounting, 6(5), 1-10.

Oluwole, A. F. (2005). The role of accounting information in the management of public expenditure in Nigeria. Journal of Accounting and Taxation, 7(1), 34-41.

Oni, O. A. (2002). The impact of accounting information on decision-making process: Evidence from Nigerian manufacturing companies. Journal of Accounting and Finance, 12(1), 1-10.

Reinikka, R., & Svensson, J. (2011). The power of information in public services: Evidence from education in Uganda. Journal of Public Economics 95(7-8):956-966.

Republic of Cameroon, law number 98/004 of 14th April 1998 laying Down the Guidelines for education in Cameroon. United Nations department of public Administration. Republic of Cameroon, legal Bases and frame work for citizen participation in Education.

Smith, J., & Jones, K. (2019). The role of accounting information in the management of small and medium scale enterprises (SMEs) in the UK. Journal of Small Business Management and Entrepreneurship Development, 7(1), 1-10.

Theunynck, S. (2009). The role of accounting information in the management of public expenditure in developing countries: Evidence from Rwanda. Journal of Accounting and Public Policy, 28(5), 467-485.

Thompson, J. L., & Davis, A. K. (2021). The impact of accounting information on decision-making process: A case study of Amazon.com. Journal of Accounting and Finance, 21(1), 1-10.

Tierney, B., & Sablan, J. (2014). The role of accounting information in the management of small and medium scale enterprises (SMEs) in Guam. Journal of Small Business Management and Entrepreneurship Development, 2(2), 1-10.

Tomusange, R., Muweesi, C., & Kyagaba, A. (2021). Effective financial resources management for school improvement and development in Uganda. African Journal of Educational Management Teaching and Entrepreneurship Studies, 2(1), 1-8.

World Bank. (1989). Education in sub Saharan African policies for Adjustment Revitalization and Expansions: A World Bank Policy Study. Library of Congress Catching publication data.

World Bank. (2011). Public expenditure management handbook (Vol. 1). World Bank Publications.

Yunas, M. (2014). Financial management for improving efficiency of schools: Issues and concerns. International Journal of Education and Social Science 1(1), 49-59.