FINANCIAL CONTROL MECHANISM FOR SUSTAINABILITY: A CASE STUDY IN SATYANARAYANPUR S B HIGH SCHOOL (H.S)

A compact Financial Control Mechanism runs an organization smoothly and helps to reach to its summit of development. This involves the procedures, policies, and means by which an institution monitors and controls the direction, allocation, and usage of its financial resources. This mechanism protects the very core of resource management and operational efficiency in any organization. So, it plays an important role for the all-round development as well as the sustainability of the institution. The present study focuses on the financial control mechanism of the Head of the institution of Satyanarayanpur S B High School with its assert or fund allocation, cost and audit report and it reveals that the school goes through a strong assert granting and controlling with some recommendation that the Head of the institution would cautiously reduce the cost spent for the temporary staff, more allocation should be increased for the library, laboratories and students’ toilets to run the institution for its sustainable development.