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AN EVALUATION OF BUDGETING AS A TOOLS FOR PLANNING AND CONTROLLING PRODUCTION ACTIVITIES IN NIGERIA MANUFACTURING INDUSTRY (A CASE STUDY OF DOYIN GROUP OF COMPANIES)
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.
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