Available data indicate that colleges and universities have experienced an unexpected rise in occupational fraud over the past two decades. In order to mitigate the risk of fraud, these institutions must be proactive and have strong internal controls and policies. The purpose of this study was to examine the current controls in place at Midwest…

Due to a diminishing level of available funds, school leaders are faced with difficult decisions associated with reducing budget expenditures. The only way to prevent losing more programs and services is to reduce spending. An area which is quickly gaining popularity in reducing expenditures is outsourcing. Many schools have turned to outside…

School leadership is significant for student learning, but increased workload and complexity are believed to be in part responsible for the difficulties internationally in managing succession, with experienced leaders leaving the profession prematurely and potential future leaders reluctant to take on the role. This article draws on a national…

School districts are held accountable not only for the monies that contribute to the education system but also for mitigating any issues that threaten student learning. Some school districts are fortunate to have professional risk managers on staff who can identify and control the many risks that are unique to school systems. Most schools,…

This article talks about Association of School Business Officials International (ASBO) at a century of school business management. As ASBO International celebrates its centennial, one should reflect on the truth of this often-heard quote and how it applies to the field of school business management in general and the association in particular.…

The English education system has been radically transformed over the last two decades. Throughout this period, the New Right and New Labour government policies have embraced the rhetoric of empowering schools to become self-managing institutions. In the course of this transformation, school leadership and management have become exceptionally…

More than 40 esteemed school business officials traveled to Washington, D.C., for the 2009 Eagle Institute which was held on July 14-17. They examined the past and the future to uncover leadership insights. Eagle Institute participants shared a powerful experience of camaraderie, reflection, and optimism for the future. This article describes the…

Released in conjunction with the "Sustaining an Ethical Culture on Campus" webcast, this essay in the "Perspectives" series examines the complexities of the role of the chief financial officer. This white paper focuses on how the financial leader of an institution must balance technical knowledge along with stellar…

Internal accounts offer schools a faster, more convenient way to handle the income and expenses that result from student fees, school clubs and organizations, field trips, fund-raising, and similar activities. But this convenience also incurs the added risk of fraud. Fortunately, there are proven ways to strengthen internal controls and reduce…

Because school business officials are pushed to make difficult decisions quickly when it comes to risk management, they should be aware of the issues associated with environmental safety. School business officials are integral members of the teams that handle crises--big and small--in the school district. A crisis may be as straightforward as the…

At budget-crunching time, school administrators and business officials sometimes find themselves trimming the district's budget for teachers, textbooks, and technology in order to cover ballooning energy costs. Nearly one-third of the energy consumed in the average U.S. school is wasted. The country's least efficient schools use four times more…

How much were school business officials being paid during the 2008-09 school year? How do their salaries compare with those of other administrators, with those of classroom teachers, and with increases in the cost of living? In this article, the authors provide school business officials with information to address these and related questions. The…

These are challenging times for schools across the United States and Canada, and the ability of those providing the fiscal leadership of these multi-million dollar organizations has never been more critical. There is no better time to identify the specific skills and knowledge needed by those managing the business operations of schools today, and…

Communication through technology occupies an increasingly greater role in people's lives, whether by way of cell phones and other handheld communication devices, such as Blackberries and iPods, or Internet access using computers. Not surprisingly, students and young adults have devised unanticipated applications for technology that raise…

If one word can characterize what may be troubling about risk management in today's schools, it is "complacency." Complacency is a negative behavior that could entrap people into letting their guard down. In "The School Business Administrator," authors Kenneth Stevenson and Don Tharpe write: "A successful school business administrator has a…