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The Importance of Fiscal Reporting on the Performance of Special Education
Fiscal reporting is a financial culture where organizations review its expenses, budget and
what was achieved within a particular period. For every year, organizations make budgets that
outline how will they spend the resources they have. As such, at the end of the budgeted period
the management reviews if the organization achieved what was planned. Like in other
organizations, fiscal reporting is an ideal approach to ensuring successful completion of
programs related to special education.
The nature of special education makes it a sensitive element for stakeholders. Learners
with special needs require varied and sophisticated approaches such as the use of technology. As
a result, special education receives a lot of funding from both the government and nonprofit
organizations. Considerably, this is a positive step towards ensuring that people with specific
learning challenges are not discriminated from attaining education. However, with the immense
funding of projects, fiscal reporting becomes an ideal tool for financial accountability. What
most people think is that fiscal reporting is concerned only with identifying cases of impropriety
(Zietlow et al 34). Notably, this is a wrong perception because a culture of fiscal reporting is a
source of information on how to manage subsequent projects.
When stakeholders in special education adopt the tendency of making fiscal reports, then,
they will acquire knowledge on how to run the vast projects that are funded heavily by the
government and the nonprofit sector. However, when experts in special education fear to have
