International Journal of Scientific Research and Engineering Development

This research examines accounting practices in educational institutions throughsystematic secondary data analysis of ten peer-reviewed scholarly sources. Secondarydata analysis involves synthesizing existing published research and institutional datawithout conducting new primary data collection. The study investigates current accounting methodologies, implementation challenges, and best practices in higher education financial management. Key findings reveal that while 55%of institutions have transitioned to accrual-based accounting, significant implementation gaps persist. Only 62% of institutions submit financial statements on time, and 54%receiveunqualified audit opinions. Internal control weaknesses are prevalent, with 78% of institutions exhibiting inadequate segregation of duties. Technology adoption varies significantly, with only 42% implementing integrated ERP systems. Human resourcecapacity remains constrained, with 22% annual staff turnover and only 38% of accounting staff holding professional certifications. The research concludes that improvements in internal controls, technology integration, staff development, andfinancial transparency are essential for strengthening educational institution financial governance.

Ms.Tanya Chandna, Dr. Amit Saini, "Accounting Practices in Educational Institutions: A Comprehensive Analysis of Contemporary Implementation and Challenges" International Journal of Scientific Research and Engineering Development, V8(6): Page(2703-2712) Nov-Dec 2025. ISSN: 2581-7175. www.ijsred.com. Published by Scientific and Academic Research Publishing.