Financial Management as Efforts to Improve the Quality of Education in Indonesia
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Abstract
One of the most critical factors in deciding the educational process's nature, viability, and sustainability is cost. While cost is an important factor in improving educational institutions' efficiency, there are still flaws in the process. The aim of this research is to come up with new ideas for financial management in educational institutions where these practices are connected to educational quality. The findings revealed that: there is a definition of a human resource strategy model in which humans are the top priority in educational management; financial management has implications for educational quality; and, in order to be applied, financial management includes values as the key guideline in compliance with government regulations.
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