Financial Management Strategy in Effective Management of BOS Funds

Abstract

The management of educational financing has become one of the most essential components in ensuring the quality and sustainability of educational institutions. This study aims to analyze financial management strategies in the effective management of BOS (Bantuan Operasional Sekolah) funds in educational institutions. BOS funds are government financial assistance programs designed to support school operational activities and improve equal access to quality education. This research employs a library research method by collecting and analyzing data from scholarly journals, books, and relevant academic sources related to educational financial management, transparency, accountability, digitalization, and supervision systems. The findings indicate that effective BOS fund management requires comprehensive financial planning and budgeting strategies that align with institutional priorities and educational needs. In addition, transparency and accountability play a crucial role in ensuring responsible fund utilization through participatory management and structured financial reporting systems. The study also reveals that digitalization, particularly through the use of financial applications such as ARKAS, enhances efficiency, accuracy, and accessibility in financial administration. Furthermore, strong internal and external supervision mechanisms are essential to prevent financial mismanagement and ensure compliance with government regulations.