Work with Tanzania United Parents Secondary Schools (TUPSS) in Tanzania on developing a chart of accounts for secondary schools and implement it with the goal of standardizing operations.
A preliminary diagnosis of TUPPS schools showed that there were opportunities to improve accounting and management practices, especially as concerns the application of accounting principles, activity-based management, financial analysis, cash management, budget planning and efficient use of the accounting system (Quickbooks).
CPAWB intends to begin a series of missions to assist TUPPS in transitioning from cash accounting to accrual accounting, overhauling and standardizing the chart of accounts, developing and implementing a strategic plan consistent with its educational mission, and improving management practices for all schools in the network.
This third field mission (M4-Tanzania) is a CPAWB activity whose primary aim is to restructure and implement a chart of accounts at certain TUPPS schools to serve as a model for the other schools and take various opportunities to improve specific management practices.
TUPPS is a non-government institution that comprises a network of fourteen secondary schools in various regions of the country. The organization’s objective is to improve cooperation between its schools in order to ensure the highest educational standards in Tanzania. Nearly 9,800 students, of which 59% are girls, attend the schools. In addition to the education provided, these schools hold income-generating activities specifically related to agriculture, livestock rearing, baking and machinery.