ABSTRACT
This research project was initiated to highlight how budgeting can be fully used in the control of government expenditure, using some government parastatals as a case study. As we know budgeting is a system that sees the plans of government in terms of revenue and expenditure in motion. Hence budget is a plan, a system that sees the plans of government, in order words budget in the creation often world which he imbibed on what we call the four dimension of creation. It then implies that budgeting is a sine qua non to everybody, be it organization, society etc.
However, this system is not efficient by applied and its benefit utilized.
The appraisal of budgeting as a tool for the control of government expenditure using some government parastatals was carried out. This study was done to evaluate the efficiency and effectiveness of budget preparation, implementation and monitoring for achievement of results. In one findings, I found out that in any organization where budgets are fully accepted, the achievement of policy objectives is highly obtainable. this rarely the case study in some government parastatals because there is a very big gap between the top executive and subordinates who are usually the machinery for effective implementation of the budget. this gives room for non acceptability of the budget and their set objectives. If everybody in the government parastatals understand the importance of budget and its implementation, the interest of all be represented, on basis of the findings so recommendations were made in order to improve of budget system as a vital tool for the control of government expenditure.In the course of the study some hypothesis were formulated. Data were collected based on questionnaire surveys and oral interviews. The hypothesis were stated to reflect the problem under study. The collected data and stated hypothesis were later analyzed and tested using two universally accepted statistical tools, simple arithmetic percentage and the chi-square (X2) test.
TABLE OF CONTENTS
Title Page = = = = = = = = = = = i
Approval/Certification = = = = = = = = ii
Dedication = = = = = = = = = = iii
Acknowledgement = = = = = = = = = iv
Abstract = = = = = = = = = = = v
Table of Content = = = = = = = = = vi
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study = = = = = = = 1
1.2 Statement of Problem = = = = = = = 3
1.3 Objective of Study = = = = = = = = 4
1.4 Research Questions = = = = = = = = 5
1.5 Hypothesis = = = = = = = = = 5
1.6 Scope of the Study = = = = = = = = 6
1.7 Significance of the Study = = = = = = = 6
1.8 Limitation of the Study = = = = = = = 9
Reference = = = = = = = = = = 9
CHAPTER TWO
2.0 Review of Related Literature = = = = = = 10
2.1 Definition and the Subject matter of budgeting = = 10
2.2 Types of Budgeting = = = = = = = = 16
2.3 Objective of Budgeting = = = = = = = 20
2.4 Step and procedures in budget preparation = = = 21
2.5 Budget Implementation = = = = = = = 22
2.6 Elements of Successful budgeting = = = = = 23
2.7 Characteristic of a good budgeting system = = = 27
2.8 Organization of the finance department of Ministry of
Finance Enugu North Council = = = = = = 29
2.9 Budgeting in some government parastatals = = = 33
2.10 Budgeting as a source of Revenue = = = = = 36
2.11 Budgeting as a tool of control = = = = = = 37
Reference = = = = = = = = = 40
CHAPTER THREE
3.0 Research design and method = = = = = = 42
3.1 Introduction = = = = = = = = = 42
3.2 Area of Study = = = = = = = = = 43
3.3 Population of Study = = = = = = = = 44
3.4 Sources of Data = = = = = = = = 44
3.5 Sample and Sampling Techniques = = = = = 45
3.6 Validity Reliability of Research Instruments = = = 46
3.7 Method of data collection = = = = = = = 47
3.8 Questionnaires = = = = = = = = = 47
Reference = = = = = = = = = = 48
CHAPTER FOUR
4.0 Presentation and Analysis of Data = = = = = 49
4.1 Presentation and Analysis of Result = = = = = 49
4.2 Test of Hypothesis = = = = = = = = 63
CHAPTER FIVE
5.0 Summary of Finding, Conclusion and Recommendation = 69
5.1 Finding = = = = = = = = = = 69
5.2 Conclusion = = = = = = = = = 72
5.3 Recommendation = = = = = = = = 73
Bibliography = = = = = = = = = 86
Appendix = = = = = = = = = = 89
