Historical Background

• Love was the foundation, so it was love from the very start.
It was love for children who need to be taught correctly and
guided properly for them to grow as loving and obedient
children to their parents. This was and still Is the primary
goal of this institution-that children will be obedient, and
respectful, excelling in academics and growing in spiritual
realm to be God-fearing and God-loving.
• In 1984, “CHRISTIAN PRESCHOOL LEARNING
CENTER”.
• 1987, “PANABO FAITH MISSION ACADEMY”
 Mission
It is committed to:
• 1. Educate for physical, intellectual, emotional,
social and moral advancement.
• 2. Evangelize for establishing and strengthening
personal relationship with God.
• 3. Equip with abilities and attitudes that will
foster a peaceful and progressive life.
 Vision

PFMA is a Bible believing educational

institution which envisions that through her
teaching and training the students will
continuously grow in both secular and sacred
learning so they may become agents of
social, moral and spiritual transformation in
our society.
 Key factor Factor Weight Rating Weighted
score

STRENGTHS
Highly Skilled teachers 1. Highly Skilled teachers Admin/Organization 0.09 4 0.36

2. Good reputation as an innovative Admin/Organization 0.06 4 0.24

According to Kane, Rockoff, & organization
Staiger, (2007), Highly skilled
teachers are one of the single
most important influences on 3. Strong Mission and Vision Admin/Organization 0.05 3 0.15
student success. In addition, 4. Strong funding/financial backing Financial/Accounting 0.07 4 0.28
teacher-based influences
impact students
performances throughout a 5. Balance sheet and Cash flow Financial/Accounting 0.06 4 0.24
significant span of their school 6. Stable source of Finances Financial/Accounting 0.08 4 0.32
careers (Sanders & Rivers,
7. Strong counselling for students Service 0.04 3 0.12
1996). Teachers facilitate the
process whereby students
cultivate habits of mind and 8. Customer relations Service 0.08 4 0.32
knowledge schemes that are
prerequisites for success,
9. Clean surroundings Service 0.07 4 0.28
meaningful contributions and
prosperity in an open, 10. Enough learning materials for students Physical facilities 0.07 4 0.28
technological world (Darling-
Hammond, 1997). 11. Complete Chairs and tables Physical facilities 0.05 4 0.20

12. Learning resource Materials in every subject Physical facilities 0.05 4 0.20
areas
 Key factor Factor Weight Rating Weighted score

WEAKNESSES

Manual accounting system 1. Poor management about Admin/Organization 0.03 3 0.09

implementation of rules and
regulations
According to Porter & Millar
(1985), the introduction of
information technology and 2. Employee development Admin/Organization 0.04 4 0.16

more user friendly software,

computerized accounting 3. Decision making process Admin/Organization 0.05 3 0.15

system appears to reduce the 4. No financial System Financial/Accounting 0.07 3 0.21

problem in book keeping
practice. Mc Mahon (2001), 5. Low salary Financial/Accounting 0.03 3 0.09
stated that growing small and
medium enterprises face 6. Manual Accounting Financial/Accounting 0.07 4 0.28
increased challenges and
7. Management of staff Service 0.05 4 0.20
consequently there is a greater
need for careful attention to 8. Payments Service 0.05 3 0.15

financial management and 9. Classroom size Service 0.05 3 0.15

reporting. He pointed out that 10. Lack of computer Facilities Physical facilities 0.06 4 0.24
weaknesses and carless in
financial management lead to 11. Limited number of stand fan in Physical facilities 0.04 4 0.16
business failure. every room

12. Facilities are not permitted to Physical facilities 0.04 4 0.16

use
 Key factor Factor Weight Rating Weighted
score

Adapting new financial OPPORTUNITIES

management system 1. Having a good student teacher Admin/Organization 0.08 4 0.32
relationship
Longenecker (2006), noted that
a good accounting should give 2. Parent involvement Admin/Organization 0.07 4 0.28
accurate and comprehensive
results of operations, which 3. Human resource management Admin/Organization 0.07 4 0.28
allow quick comparison
4. Adapting new financial Financial/Accounting 0.09 4 0.36
between current and previous
management System
data also data of different
companies and offer the
5. Fast and reliable data Financial/Accounting 0.05 3 0.15
transparent and true financial
statements which can be used 6. Easy access of Students accounts Financial/Accounting 0.05 3 0.15
by their stakeholders like
creditors, customers, investors,
bankers, government. He also 7. New technology Service 0.05 3 0.15
found many entrepreneurs do
not keep proper records and 8. New program development Service 0.05 3 0.15
they do not benefit the use of 9. Develop new strategy Service 0.06 3 0.18
their financial statements.
10. Complete Chairs and tables Physical facilities 0.05 3 0.15

11. Establishment of additional Physical facilities 0.05 3 0.15

classroom

12. Computer Laboratory Physical facilities 0.05 3 0.15

 Key factor Factor Weight Rating Weighted
score

New or increased THREATS

competition
1. Poor planning of activities Admin/Organization 0.04 3 0.12

The treat of competition 2. Lack of internal Admin/Organization 0.05 2 0.10

communications
might have a negative
effect on school 3. Building relationship with co- Admin/Organization 0.06 3 0.18
productivity. The workers

Anectodal evidence
4. Auditing problem Financial/Accounting 0.07 3 0.21
suggests that when the
decisions are made in 5. Daily balancing problem Financial/Accounting 0.07 3 0.21
short run, school 6. Error Financial/Accounting 0.03 3 0.09
principals may use 7. New or increased competition Service 0.06 4 0.24
simple marketing actions
to attract parents, such
as school trips. 8. Demographic changes Service 0.04 3 0.12

9. Complaints Service 0.05 3 0.15

10. Damage to property Physical facilities 0.06 3 0.18

11. Theft Physical facilities 0.03 3 0.09

12. Calamities Physical facilities 0.04 3 0.12