TABLE OF CONTENT
TITLE PAGE PAGES
CERTIFICATION
I
DEDICATION
II
ACKNOWLEDGEMENT III
LIST OF TABLE
IV
CHAPTER ONE
INTRODUCTION
BACKGROUND OF THE STUDY 1
STATEMENT OF THE PROBLEM 2
OBJECTIVES OF THE PROBLEM 3
SIGNIFICANE OF THE STUDY 3
SCOPE AND LIMITATION OF STUDY 4
ORGANIZATION PLAN
5
DEFINITION OF TERMS
6
CHAPTER TWO
REVIEW OF RELATED LITERATURE
MEANING OF BUDGET
7
ROLES OF BUDGET
8
BUDGETARY PLANNING AND CONTROL 11
TYPE OF BUDGET/EFFECT OF BUDGET 16
OBJECTIVES OF BUDGETING CONTROL 18
APPRAISAL OF LITERATURE REVIEWED 19
CHAPTER THREE
RESEARCH METHODOLOGY
RESEARCH DESIGN
21
POPULATION OF STUDY
21
SMAPLE AND SAMPLING TECHNIQUES 22
RESEARCH QUESTION
22
INSTRUMENTATION
23
SOURCES OF DATA
23
METHOD OF DATA COLLECTION
24
METHOD OF DATA ANALYSI 25
LIMITATION OF THE METHODOLGY 25
CHAPTER FOUR
PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA.
INTRODUCTION
27
THE MAJOR PURPOSE OF PREPARING A BUDGET 27
ESSENTIALS OF BUDGETING 28
BASIC ELEMENTS OF BUDGETS THE BENEFITS OF BUDGETING
30
THE BENEFIT OF BUDGET
32
DATA PRESENTATION
32
RESEARCH QUESTION
33
CATEGORY OF BUDGET IN A TYPICAL MANUFACTURING
ORGANIZATION
36
CHAPTER FIVE
SUMMARY, CONCLUSION, AND RECOMMENDATIONS
SUMMARY OF FINDING
38
CONCLUSION 40
RECOMMENDATION
41
BIBLIOGRAPHY
42
CHAPTER ONE
BACKGROUND OF THE STUDY
One of the
functions of a managers is to ensure that the necessary are information are
acquired and employed in an effective and efficient manner for the
accomplishment of the organization objective. This can be achieved by strategic
planning. The strategic programme is otherwise know as budget.
A budget is
a plan of expenditure in qualitative and usually monetary. For a specified
period of time. It helps project in top the future where business wants to be
in future and how it intend to get these. If business management attempt of
budge for the future. They one fared to thing about tomorrows problems and
opportunity.
Budgetary
process involves making plans, executing those plans and monetary activities to
in line with the plan. The process is interrelated with controlling and
planning. Some managers fail to acknowledge the practicability and importance
of budgets and budgetary control bsuch managers claims that the uncertainties
poculliar to their business make budget impracticable to them. Also, many
people associate budget with negative control activities where as the full
process is musch broader and more positive them that.
As earlier
said budget is concerned with making executing plans and monetary or
controlling aspect is called budgetary control. It includes making some people
(managers) responsible for a plan to be effective, it has to be motivated,
directed, coordinated and control through the personnel instrument of top
management.
STATEMENT OF PROBLEMS
The research work seeks to examine the following; problems
What is the meaning of budget?
To what extent has budget contributed to effecives planning
and control in Doyin Group of companies.
what is the role of budget committee in effective budgeting.
OBJECTIVE OF THE STUDY
The purpose of the study to examines critically the budget
as an instrument for planning and control in Doyin Group of Companies, Ilorin
Branch.
To find out what extent has budget contributed to effective
planning and in Doyin group of Companies, ilorin branch
To explain the role of budget committee in effective in
budget getting Doyin Group of companies, Ilorin branch
To find the components of budget as an instrument for planning
and control, its importance, the different types of budget, most especially in
Doyin Group of Companies, ilorin branch.