Budgeting and Budgetary Control as a Means of Achieving Organizational Objectives

Budgeting and Budgetary Control as a Means of Achieving Organizational Objectives

Meaning of Budgeting and Budgetary Control – A budget is a quantitative plan of action prepared in advance for the period to which it relates. Budget may be prepared for the business as a whole, for departments, for functions such as sales and production or for financial and resource items such as cash, capital expenditure manpower purchase etc. [Read more…]

Budgeting in Public Sector Economy

Budgeting in Public Sector Economy

This study is meant to look into how the budgeting in public sector economy serves as allocation in state government and also how effectiveness and efficiency is it in the state government. FREMGREN  [1973] defined budget as a compressive and coordination plan expressed in financial terms for the operations and period in the future .   [Read more…]

Budgetary Control in a Non Profit Making Organization

Budgetary Control in a Non Profit Making Organization

Budgetary Control – The preceding heading in this chapter provides insight into the Budgetary control in a non profit making organization as it affects National cereal research institute (NCRI) badeggi; also as a focus of discussion, the historical background the organization structure and administration of budgetary control of the N.C.R.I was highlighted with respect to a non profit making organization. [Read more…]

Budgetary Control – Budgeting As a Control Strategy

Budgetary Control – Budgeting As a Control Strategy

Budgetary Control – This study is meant to look in to how the budgeting system serves as a control in the banking institution  in general with particular reference to the Union Bank Plc and also how the system contributes to the effectiveness and efficiency of the banking sector. [Read more…]

Budget and Budgetary Control – The Effectiveness on Local Government System

Budget and Budgetary Control  – The Effectiveness on Local Government System

Budget and Budgetary Control  – The Effectiveness on Local Government System: The development and execution of fiscal action plans, is a major public resource allocation process, reflecting a mirror image of the state in terms of social values and priorities. This is the process of allocating resources to meet demands, as well as converting rhetoric to reality in the political system. That process should link the past, present and future in orderly and ordered way. [Read more…]