The Role of Budgeting in Tertiary Institution Management

The Role of Budgeting in Tertiary Institution Management

Budgeting has been defined as a financial or quantitative statement prepared prior to a defined period of time of the policy to be pursue during that period for the purpose of attaining a given objective every body prepares budget including students. Many book have been written on budgeting some have chapter(s) on budgeting while majority only dwell on its techniques.  The word budgeting is derived from the old branch bougette, meeting bag and wallet. [Read more…]