Budget and budgetary control as a tool for effective decision andplanning in ministries and parastatals

Thesis Overview

<p> </p><div><p><strong>Title page</strong></p><p><strong>Approval page</strong></p><p><strong>Dedication</strong></p><p><strong>Acknowledgement</strong></p><p><strong>Abstract</strong></p><p><strong>Table of content</strong></p><p><strong>CHAPTER ONE</strong></p><p><strong>INTRODUCTION</strong></p><p><strong>1.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Statement of the problem</strong></p><p><strong>1.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Statement of the hypothesis</strong></p><p><strong>1.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Objective of the study</strong></p><p><strong>1.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Significance of the study</strong></p><p><strong>1.5 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Limitation f the study</strong></p><p><strong>1.6 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Difinition of the term</strong></p><p><strong>CHAPTER TWO</strong></p><p><strong>LITERNATURE REVIEW</strong></p><p><strong>2.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Budgets</strong></p><p><strong>2.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Budgetary control</strong></p><p><strong>2.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;The planning and control process</strong></p><p><strong>2.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Management by objective</strong></p><p><strong>2.5 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Management by exception</strong></p><p><strong>2.6 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Budgetary system in non-project secking organization</strong></p><p><strong>CHAPTER THREE Research methodology</strong></p><p><strong>3.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Primary source of Data collection</strong></p><p><strong>3.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Type of primary source of data</strong></p><p><strong>3.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Advantage of interview method</strong></p><p><strong>3.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Secondary source of data collection</strong></p><p><strong>3.5 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Type of secondary data collection</strong></p><p><strong>CHAPTER FOUR</strong></p><p><strong>TEST OF HYPOTHESIS</strong></p><p><strong>4.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Budget and budgetary control in Imo state</strong></p><p><strong>4.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Review of Imo state government budget</strong></p><p><strong>4.2.1 &nbsp; &nbsp;1997 Budget</strong></p><p><strong>4.2.2 &nbsp; &nbsp;1998 Budget</strong></p><p><strong>4.2.3 &nbsp; &nbsp;1999 Budget</strong></p><p><strong>4.2.4 &nbsp; &nbsp;2000 Budget</strong></p><p><strong>4.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Presentation and analysis of data</strong></p><p><strong>CHAPTER FIVE</strong></p><p><strong>SUMMARY OF FINDING, CONCLUSION AND RECOMMENDATION</strong></p><p><strong>5.1 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Summary of finding</strong></p><p><strong>5.2 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Conclusion</strong></p><p><strong>5.3 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Recommendation</strong></p><p><strong>5.4 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Bibliography</strong></p><p><strong>5.5 &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Appendix.</strong></p><p><strong>INTERVIEW QUESTION</strong></p><p><strong>The researcher used the state ministries and parastatals as her case study. &nbsp;This section illustrates the format of the questionnaire, showing the different types of questions to members of staff in the ministries.</strong></p><p><strong>1. &nbsp; &nbsp; &nbsp; Age</strong></p><p><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; a. &nbsp; &nbsp; &nbsp; Below 20 ( &nbsp; &nbsp; &nbsp;)</strong></p><p><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; b. &nbsp; &nbsp; &nbsp; 20 &nbsp;– 30 &nbsp;( &nbsp; &nbsp; &nbsp; )</strong></p><p><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; c. &nbsp; &nbsp; &nbsp; 30 – 40 ( &nbsp; &nbsp; &nbsp;)</strong></p><p><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; d. &nbsp; &nbsp; &nbsp; 40 – 50 ( &nbsp; &nbsp; &nbsp;)</strong></p><p><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; e. &nbsp; &nbsp; &nbsp; 50 and above ( &nbsp; &nbsp;)</strong></p><p><strong>2. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Marital status</strong></p><p><strong>a. &nbsp;Single ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;Married ( &nbsp; )</strong></p><p><strong>c. &nbsp;Divorced ( &nbsp; &nbsp; )</strong></p><p><strong>d. &nbsp;Widowed &nbsp;( &nbsp; &nbsp; )</strong></p><p><strong>3. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Sex</strong></p><p><strong>a. &nbsp; &nbsp; &nbsp; Male ( &nbsp; &nbsp; )</strong></p><p><strong>b. &nbsp; &nbsp; &nbsp; Female ( &nbsp; &nbsp; )</strong></p><p><strong>4. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Higher Qualification</strong></p><p><strong>a. &nbsp;WASC/GCE ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp; &nbsp; OND/ A LEVEL / NCE ( &nbsp;)</strong></p><p><strong>c. &nbsp; &nbsp; &nbsp;DEGREE / AND ( &nbsp; )</strong></p><p><strong>d. &nbsp; &nbsp; Professional accounting qualification (ANAN, ACCA, ICAN ) ( &nbsp; &nbsp;)</strong></p><p><strong>e. &nbsp; &nbsp; &nbsp;Others ( &nbsp; &nbsp; &nbsp;)</strong></p><p><strong>5. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; How long have you held this position</strong></p><p><strong>a. &nbsp;Below 5 years ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;5 – 10 years ( &nbsp; &nbsp;)</strong></p><p><strong>c. &nbsp;11 – 20 years ( &nbsp; &nbsp;)</strong></p><p><strong>d. &nbsp;21 years and above ( &nbsp; )</strong></p><p><strong>6. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Does your ministry prepare budget?</strong></p><p><strong>a. &nbsp;Yes &nbsp; &nbsp;( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No ( &nbsp; &nbsp; &nbsp;)</strong></p><p><strong>7. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; How do you prepare your budget?</strong></p><p><strong>a. &nbsp;is it monthly ( &nbsp; )</strong></p><p><strong>b. &nbsp;Yes ( &nbsp; &nbsp; )</strong></p><p><strong>c. &nbsp; &nbsp; &nbsp;No</strong></p><p><strong>8. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Is there any department that is responsible for preparation of your budget?</strong></p><p><strong>a. &nbsp;yes ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No &nbsp;( &nbsp; &nbsp; )</strong></p><p><strong>9. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; How is the budget department organized ?</strong></p><p><strong>a. &nbsp; &nbsp; Is it loose or strict?</strong></p><p><strong>b. &nbsp; &nbsp; Yes ( &nbsp; &nbsp;)</strong></p><p><strong>c. &nbsp; &nbsp; &nbsp;No &nbsp; ( &nbsp; &nbsp;)</strong></p><p><strong>10. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Do all departments / units of the ministry make their input in the budget?</strong></p><p><strong>a. &nbsp;yes &nbsp;( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No &nbsp;( &nbsp; )</strong></p><p><strong>11. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Are workers encouraged to make effort and work toward the goals get for the ministry?</strong></p><p><strong>a. &nbsp;Yes ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No &nbsp;( &nbsp; &nbsp;)</strong></p><p><strong>12. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Do you always accomplish your budget target?</strong></p><p><strong>a. &nbsp;Yes &nbsp; ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No ( &nbsp; &nbsp;)</strong></p><p><strong>13. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;how do you treat diviations (if any) that arise from the budget? Is it investigated?</strong></p><p><strong>a. &nbsp;Yes ( &nbsp; )</strong></p><p><strong>b. &nbsp;No ( &nbsp; &nbsp;)</strong></p><p><strong>14. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Is the top management responsible for explaining variance?</strong></p><p><strong>a. &nbsp;Yes &nbsp; ( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No &nbsp;( &nbsp; &nbsp;)</strong></p><p><strong>15. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;If you operated in excess of the budget are you penelised for exceeding the limit without authority?</strong></p><p><strong>a. &nbsp;Yes &nbsp;( &nbsp; &nbsp;)</strong></p><p><strong>b. &nbsp;No &nbsp; ( &nbsp; &nbsp;)</strong></p><p><strong>16. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;If you operated according to the budget are you rewarded accordingly or commended for a job well done?</strong></p><p><strong>a. &nbsp;Yes &nbsp;</strong></p></div><h3></h3><br> <br><p></p>