ABSTRACT: Budgeting has a role to play in this present
economic development of Nigeria.
Budgeting which is defined as “A financial statement prepared and
approved prior to a defined period of true of the policy to be purpose of
attaining that period for the purpose of attaining a given objectives is
primarily a process of planning and control.
A well prepared budget provides management with a planned programme
based on research by the entire organization.
In addition, a carefully planned budget, provides owing to co-ordination
the various actions of the organization.
Budgeting is the most comprehensive financial technology widely used
within an organization. When it is
properly applied as a management process and toll it unites all parts of the
institution and all aspects of management task into one complete management
approach to profitability. Budgeting positions one’s mind of the actual result
or outcome with the predetermined plan.
In other words, with good budgeting, the result of every effort can be
forecasted. Through a good budgeting by
exports there will be a standard economy, Budgeting reduces wastage of
manpower, it also reduces wastage of finance. Therefore, in order to avoid
problems in carrying or preparing budget, budgeting should be carried out
exactly there way it is being laid down by the experts if there is any correction
or variation to be made in future, the experts should be involved.
Budgeting has a role to play in Nigeria present economic
situation role to play in Nigeria present economic situation. Budgeting which is defined and approved prior
to a defined period of time of the policy to be pursued during that period for
the purpose of attaching a given objective is primarily a process of planning
and control. A well prepared budget
provides management with a planned programme.
It also provide a way to co-ordinate the various actions of the
organization. Budgeting is the most comprehensive financial technology orderly
used within an organization. Budgeting will position one’s mind of the actual
result on outcome with the predetermined plan.
The result of every efforts of different organizations and field, will
be fore-casted. Budgeting will reduce wastage of manpower, wastage of finance,
goods and services.
TABLE OF CONTENT
1.1 Background of
1.2 Statement of
1.3 Objective of
the study 7
of the study
Scope/Limitations of the study
1.7 Definition of
Review of related literature
2.1 History of
2.2 Early History
of inflation 15
2.3 Control of
views in I.M.T
views in Budgeting 20
Research design and area for the study 27
3.1 Population of the study
3.3 sample and
3.4 instrument for
data collection 28
3.5 method of
administration of the instrument 29
3.6 Method Of Data