[[alternative]]A study of the improvement in financial system of private senior high and vocational schools in Taipei City

Abstract

[[abstract]]The purposes of the study are to inquire current operation of budgeting preparation and execution private senior high and vocational schools in Taipei City, understand how the board of directors of private senior high and vocational schools supervising school's financial operation, analyze Taipei private senior high & vocational schools, financial structure, explore how the educaitonal authority oversee and regulate private high schools, and recommend the improvement in financial system of those schools. Documentation analysis and interview are adopted in this study. Major conclusions are summarized as follows: 1.Budgeting preparation and execution in private schools are generally normal but still have room for improvement. 2.It’s difficult to implement the strict regulations for the reinvestment of private school funds. 3.The supervision of educatioanl authority to the finance of private schools is not good enough. 4.Posting financial statements of private senior high and vocational schools on Internet still hasn’t been completely carried out. 5.There exist flaws for private schools’ financial audit reports. 6.The boards of directors of private schools don’t completely perform their responsibilities. 7.It’s necessary to have flexible tuition policies for private senior high and vocational schools . 8.The quota of tuition and subsidy affect the fairness of educational opportunities and finance principles. 9.Independent private schools can be separate from the subsidized ones. 10.Public schools and private ones are treated differently in terms of donation level. Recommendations are as follows: 1.It still needs more room for budgeting preparation and execution in private schools. 2.The regulations of reinvestment of private school funds should be loosened and a monitoring system should be built. 3.The educatonal authority should support private school financially. 4.Financial statements of all of private senior high and vocational schools should be thoroughly posted on Internet . 5.Private schools should carry out financial audit. 6.The boards of directors of private schools should perform the responsibilities of financial supervision. 7.Private senior high and vocational schools should be allowed to adopt flexible tuition policy. 8.The subsidy quota of tuition for the students in private senior high and vocational schools should be increased. 9.The differentiation of independent private school and subsidized one should be carried out. 10.Donations to both public and private schools should have the same tax deduction.