ABSTRACT
The scarcity of human and material resources, the competitive nature and the uncertainty about future has made both government and most modern business enterprises to find away of improving upon them performance to achieve increasing productivity, profitability and reduction on cost. A common instrument is a good budgets and budgetary control system.
The work was aimed at a study of the role of budget and budgetary control system, its attendant problems and remedies. The study also deals on how the state government uses budgetary control to make decision for effective economic management.
The study observed the inherent problems on drawbacks in the implementation of the budget and budgetary control system as follows:
i. The problem of ensuring involvement of departmental heads.
ii. Lack of proper understanding of the system by departmental heads.
iii. Departmental heads pursing individual goods instead of organizations goals.
In conclusion, the following recommendation were made:
i. The minimum qualification for those involved in budget preparation should not be less than HND/B.SC.
ii. Flexible budgets should not be adopted to take care of fluctuation of the naira against other foreign currencies.
iii. Those responsible for budget preparation should undergo training programmes, seminars and workshop at least one every year.
iv. Adequate planning and control through budget and budgetary controls will help greatly the overall performance of government and Nigeria as a whole.
TABLE OF CONTENTS
Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE:
1.0 Introduction
1.1 Purpose of the study
1.2 Significance of the study
1.3 Scope and limitation of the study
1.4 Definition of terms
CHAPTER TWO:
2.0 Literature Review
2.1 Definition of budget and budgetary control
2.2 The budget period
2.3 Purpose for preparing budget
2.4 A comprehensive budgetary system
2.5 Merits and demerits of budgetary control
2.6 Human aspects of budgeting and budgetary control
CHAPTER THREE:
3.0 Summary of findings, conclusion and recommendation
3.1 Discussion of findings
3.2 Conclusion
3.3 Recommendations
Bibliography
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). The Problem Of Budget And Budgetary As Management Tool For Decision Making.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/4075/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-6888
"The Problem Of Budget And Budgetary As Management Tool For Decision Making." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/4075/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-6888>.
"The Problem Of Budget And Budgetary As Management Tool For Decision Making.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/4075/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-6888>.
"The Problem Of Budget And Budgetary As Management Tool For Decision Making.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/4075/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-6888.
- Related Works
- Implication Of Accounting As A N Internal Ontrol Mechnism In The Government Ministries
- Study Of Financial Intermediation And Resource Mobilization (implication For Economic Development In Nigeria)
- Commercial Banks Lending Practices And The Incidence Of Bad Debt In Nigeria
- Financial Planning And Control A Key To Management Efficiency In The Manufacturing Industry (a Case Study Of Dangote Group Plc)
- The Effect Of Financial Accounting Reporting On Managerial Decision-making. A Case Study Of Nigeria Bottling Company
- The Role Of Financial In The Development Of The Nigeria Economy
- Capital Budgeting In The Private Sector
- The Role Of Management Accountant To Cost Control And Profit Performance In An Organization (a Case Study Of Innoson Nigeria Limited Enugu)
- The Challenges Facing The Internal Auditors In Public Corporation (a Case Study Of Nigerian Ports Authority Plc)
- Accounting In The Nigeria Public Sector (issues, Problems And Prospect) A Case Study Of Nepa Enugu