Download Tag: BUDGET

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY A budget is designed to express forecast of revenue and expenditures for the ensuring fiscal year, which may correspond to the calendar year with exemption of primitive economics. The budget is the key instrument for the expression and execution of policies, principles, procedures, plans and objectives of management in quantitative and monetary values. Management of an enterprises is efficient if, it is ...

ABSTRACT This research work conducted with special reference to the budgetary system of Emenite Nigeria Limited with the view to ascertain the major role budgets play in the achievement of profitability for an organization. Budget as a profit planning device sets standards of performance of manager, while budgetary control is a tool implored by management to keep track of actual performance to ensure budgeted standards are achieved. In the course ...

ABSTRACT This research work titled Budget implementation in Nigeria: a review of 2010-2014 budget years with specific reference to Enugu state, the researcher examined the poor budget implementation effect on the growth and development of Enugu state, lack of budget supervision and evaluation effect on the success of 2010-2014 Enugu state budget years, late budget preparation and weak legislature effect on the budget implementation and evaluated budget policy and decision ...

CHAPTER ONE INTRODUCTORY STATEMENT The going concern concept has it that once an organisation commences business it wishes to continue operations in perpetuity. That is, to continue operations for a foreseeable future. Thus, whatever the nature, size and mode of operation of the business; the going concern concept still has it’s place. Many reasons abound for the conception of a business as a going concern. This ranges from the benefits ...

ABSTRACT The main aim of this research work is focused on “Budgeting in Higher Institution of Learning in Nigeria “Federal Polytechnic, Okoh. the project set out to examine the effectiveness and efficiency of budgeting system in order to evaluate the past, present and future performance and trends in Federal polytechnic, Okoh’s system. In this project work, 50 questionnaires were distributed randomly among the staff at the institution.  There were 100% responses ...

ABSTRACT The main aim of this research work is focused on “Budgeting in Higher Institution of Learning in Nigeria “Federal Polytechnic, Okoh. the project set out to examine the effectiveness and efficiency of budgeting system in order to evaluate the past, present and future performance and trends in Federal polytechnic, Okoh’s system. In this project work, 50 questionnaires were distributed randomly among the staff at the institution. CHAPTER ONE   ...

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY There is the need for optimization of the scarce resources available to organizations, that is available resources are to be put to their most optimal or profitable use. Since these resources are scarce, a plan has to be drawn to eliminate wastage and arbitrary resource allocation. This trend of thought brings us to the "concept of budgeting". An organization plans ahead ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY In the majority of organizations in Nigeria, budgeting is the most important management tool for performance and productivity and for organizations to perform well, resources must be well utilized and customers well served. To achieve such ends, all of an organization’s human and materials resources must be well utilized in the right way and the right time to create high-quality products at ...