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, 11). The Problem Of Budget And Budgetary As Management Tool For Decision Making.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/5129/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-5322
"The Problem Of Budget And Budgetary As Management Tool For Decision Making." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/5129/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-5322>.
"The Problem Of Budget And Budgetary As Management Tool For Decision Making.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/5129/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-5322>.
"The Problem Of Budget And Budgetary As Management Tool For Decision Making.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/5129/the-problem-of-budget-and-budgetary-as-management-tool-for-decision-making-5322.
- Related Works
- Effective Development Of The Nigeria Capital Market As A Pre-requisite For Successful Implementation Of The Nation’s Investment Program
- Taxation As An Instrument Of Economic Development In Nigeria
- Conflict Resolution As A Tool For Effective Management In Sona System Association Business Management Limited (ssabml)
- Appraisal Of Techniques For Expenditure Control In Government Owned Hospitals
- The Relevance Of Working Capital Management In A Firm (a Case Study Of Metrock Investment Nig)
- The Role Of An Accountant In The Poverty Alleviation Programme Of The Federal Government (a Case Study Of Enugu North Local Government Area).
- Auditing As An Aid To Accountability On The Public Sector (a Case Study Of Union Bank Plc In Enugu State)
- Improper Accounting System: A Cause Of Non-performance In Industries
- The Effect Of Internal Audit On The Performance Of The Private Firm A Study Of M. B Anamco Ltd, Emene Enugu State
- Accounting And Management Problems Of Small Scale Industries In Imo State (a Case Study Pf Small Scale Industries In Ezinihitte Local Government Area