Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

A CRITICAL ANALYSIS OF BUDGETARY CONTROL: ITS EFFECTIVENESS AND EFFICIENCY IN A NON PROFIT MAKING ORGANIZATION (A CASE STUDY OF N.C.R.I BADEGGI)

Project Information:

 Format: MS-WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Questionnaire, Data Analysis ::   3,432 people found this useful

Project Body:

LITERATURE REVIEW

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.

2.1 BUDGETARY CONTROL IN A NON PROFIT MAKING ORGANIZATION

budgetary is a financial planning that serves as the basis for expenditure decision making and therefor  subsequent control of expenditure.

Planning is a systematic and formalized  process for purposely directing and controlling process for purposely directing and controlling future operation towards desired objectives lack of adequate planning will result in an organization “Reacting” to unexpected event which can be costly, risky and socially disruptive. However careful planning gives the organization chance to   and or anticipated danger. It required the  management to be considerable research  before making decision  as which  action to be taken. Every organization some form of budgeting. It is essentially important in non profit making organization especial those whose annual receipts or revenue are fixed or determined to adhere closely to plans as expressed in the budget.  Performance control in the managerial content to direct the organization system is the ability to direct the organization activities towards fulfilling its objective.

Budgeting is a  management control tool used to ensure achievement of organization set objective with indications of performance. Budgetary control system are designed to monitor the variables that determine the discrepancies with executed performance and to take corrective action if those discrepancies would impede the completion of the expected result.

Budget has been defined by M.W. Biggs, a renowned authority on budgeting as “a financial and or quantitative statement prepared prior to a definite period of period for the purpose of attaining a given objective.’[ however it is realized from the definition that budget is a pre- request in performance control processing. Once the budget has been approved and the budget period commence management at once the must being to exert strong efforts to reach the projected goals and to review these efforty as time goes by. This is the essence of budgetary control.

The management accounting in the civil service of Nigeria (1977) defined budgetary control as the establishment of budgets relating to the responsibilities of middle managers to meet the objectives of an organization and the continuous comparison of actual with budgeted result so that if remedial action is necessary, it may be taken at an early stage. The definition satisfies the description  of an operating budget as “An operating short terms plan for managing the resources necessary to carry out a programme.’

Hence, budgets are assented feature of most control system. If well administered, they aid the planning process, provide performing criteria, serve as a communication tool, and co- ordinate organization activities. Thus , this makes it essential for non profit making organization whose service  institute was established along side with other 22 research institutes by a Federal at Ibadan until 1984 when, for output are either social and or developmental to exert all effort to adhere. Strictly to the operating budget.


Get The Complete Project »

Project Department:

MORE ECONOMICS FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

Instantly Share this Project On Social Media:

CLOSELY RELATED ECONOMICS FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA CHAPTER ONE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   7032 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study Government Expenditure no doubt is an important instrument for a government to control the economy of a nation. Economists have been well aware...Continue reading »

IMPACT OF MACROECONOMICS VARIABLES ON FIRMS’ PERFORMANCE IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 59 ::   Attributes: Secondary data, Data Analysis, Abstract  ::   4936 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study Every company operates within the internal and external environments of business. The internal environments are within a firm such that the pre...Continue reading »

IMPLICATION OF TREASURY SINGLE ACCOUNT ON BANKING SECTOR OF NIGERIA AND THE ECONOMY AS A WHOLE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8330 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Treasury Single Account is a public accounting system under which all government revenue, receipts and income and collected into one single acco...Continue reading »

TAXATION AS A TOOL FOR ECONOMIC DEVELOPMENT OF NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   8006 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigeria as a nation has the vision of becoming one among the world’s 20 largest economies in the year 2020; this obviously is the brain beh...Continue reading »

THE IMPACT OF COMPANY INCOME TAX REVENUE ON THE DEVELOPING ECONOMIES: THE NIGERIA EXPERIENCE

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   3451 engagements

The article on this topic (impact of company income tax revenue on the developing economies) is an extract from literature review of the project material. The complete project work would be made avail...Continue reading »

THE IMPACT OF TAX ON GOVERNMENT CAPITAL EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 65 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   6703 engagements

The article on this topic (impact of tax on government capital expenditure and economic growth in Nigeria) is an extract from literature review of the project material. The complete project work would...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Mohammed A.B from Veterinary Laboratory, Zanzibar ,Tanzania said "You are doing good job to assists in research. God bless you.".
    Rating: Very Good
  • 2. Grace Madu from IMT enugu said "Thank you so much; i will tell my friends about you guys!!! Please give them a good job just like mine!!! God bless you!!!".
    Rating: Excellent
  • 3. Favour Adeoti from Unimaid said "For the good deeds and help to students like me, may God almighty continue to bless u and empower you to do more. Thank u very much...".
    Rating: Excellent
  • 4. Saddiq Abubakar Shuaibu from ESAE BENIN UNIVERSITY said "I check your site because I want you to help do this project thank you".
    Rating: Excellent
  • 5. Temitope Olumide from UAM makurdi said "I can not believe i could trust online platforms but you prove to me that there are still some good people out there. Thank you Mr Donald".
    Rating: Excellent
  • 6. Topeola Atinuke from the bells said "hmmmm, not sure yet about all dis comment still working on dem yet....tank u".
    Rating: Average

Paper Information

Format:ms-word
Chapter:1-5
Pages:69
Attribute:Questionnaire, Data Analysis
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives