Autonomy of Private Higher Education Management: Financial Accountability Perspective
Daftar Isi:
- Abstract This study aims to determine the financial management system of private universities through the implementation of one of the principles “Good University Governance” (GUG), namely accountability. This study uses descriptive qualitative research with data collection through observation and in-depth interviews, and documentation. The results showed that the private universities (PTS) as a non-profit organization is not for profit and the rest of the results of its receipt is returned to be managed as an investment fund in order to improve the quality of higher education. To the achievement of an accountable financial management, the private universities need to implement strategic financial management. It aims to achieve a quality education governance and management of higher education accountable. The autonomy of universities is inseparable from how college financial management in an effective, efficient, transparent, and accountable. The study found that the College of Management Sciences (STIM) Boalemo as a non-profit Colleges (private university) in financial management, by implementing cross-subsidy of the financial system. This is because the ability STIM Boalemo in operational financing activities are still low and requires the full support of the organizers, in this case, the Foundation. Another factor that is found is the commitment and application of principles of strategic management, in which these factors are very influential in the management of the institution, in order to survive in the competitive college.