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A principal has a budget to work within each year. There are also payables and receivables each month. Without a working knowledge of the comings and goings of money, the ledger will soon become unusable.

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Q: Why is it important to be knowledgeable about school finance in terms of maintaining a position as a principal and advancing as an administrator in your school system?
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Why is it important to be knowledgeable about school finance in terms of maintaining a position as principal and advancing as an administrator in your school system?

A principal has a budget to work within each year. There are also payables and receivables each month. Without a working knowledge of the comings and goings of money, the ledger will soon become unusable.


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