ABSTRACT Budgetary control and cash flow effectiveness The purpose of the study was to determine the relationship between the effects of Budgetary Control and Cash Flow Effectiveness on Small And Medium Sized Enterprises' performance in organizations especially Global Paints Limited. In chapter one the researcher covered the background the study, stated the problem statement, the scope of the study and finally the signification of the study. In chapter two, the researcher initially started by defining Budgetary Control and Cash Flow Effectiveness as defined by different authors. He went ahead to explain the Budgetary Control and Cash Flow Effectiveness systems, effects and characteristics. In chapter three, the researcher provided information on the instruments used in collecting data. He showed the study population and sample size, and sampling design and procedure, mentioned both primary and secondary collection methods used and how data was analyzed, processed and presented including the limitations of the study. In chapter four, the researcher presented the. findings of Global Paints Limited where he showed how the questionnaire were administered' and analyzed. Discussions of these findings were presented accordingly following researcher objectives. The researcher used tables, frequencies and percentages. The last chapter, the researcher summarized the findings and drew the conclusions from these findings and also provided recommendations to organizations under the study and other related organizations. The researcher further suggested more research areas for future researchers
Table of Contents
DECLARATION ................................................................................................................................................ i
APPROVAL .................................................................................................................................................... ii
DEDICATION ................................................................................................................................................ iii
ACKNOWLEDGEMENT .................................................................................................................................. iv
LIST OF ABBREVIATIONS ............................................................................................................................... v
TABLE OF CONTENTS ................................................................................................................................... vi
ABSTRACT ..................................................................................................................................................... x
CHAPTER ONE ........................................................................................................................................ 1
1.0 lntroduction ........................................................................................................................................... 1
1.1 Background of the study ........................................................................................................................ 1
1.2 Statement of the problem ...................................................................................................................... 3
1.3 Purpose of the study .............................................................................................................................. 3
1.4 Research objectives ............................................................................................................................ .4
1.5 Research questions .............................................................................................................................. .4
1.6 Scope of the study .............................................................................................................................. .4
1.6.0 Time scope ....................................................................................................................................... .4
1.6.1 Subject scope ..................................................................................................................................... 5
1.6.2 Geographical scope ........................................................................................................................... 5
1. 7 Significance of the study ...................................................................................................................... 5
1.8 Conceptual framework ........................................................................................................................... 6
:HAPTER TWO: LITERATURE REVIEW .................................................................................................... 7
1.0 Introduction ........................................................................................................................................... ?
1.1 Budgeting and budgetary control ........................................................................................................... ?
!.1.1 Budgetary control methods ................................................................................................................. ?
'..1.1 Budget: ............................................................................................................................................... 8
:.1.2 Budgetary control ............................................................................................................................. 9
.1.3 Characteristics of a budget .............................................................................................................. 9
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2.1.4 The Budgeting Process ..................................................................................................................... 10
2.2 Basic steps of the budgetary control process ........................................................................................ 12
2.3. Essentials of effective budgeting ......................................................................................................... 13
2.4. Benefits of budgets and budgetary control. ......................................................................................... 14
2.5 Effective cash flow management ....................................................................................................... 16
2.5.1 Advantages accruing to good cash flow management ....................................................................... 16
2.6. Relationship between budgetary control and cash flow effectiveness ............................................... 17
2.7. Conclusion ........................................................................................................................................... 18
CHAPTER THREE: METHODOLOGY ........................................................................................................ 19
3.0. lntroduction ................................................................... , ..................................................................... 19
3.1 Research design .................................................................................................................................... 19
3.2. Study population .................................................................................................................................. 19
3.3 Sampling design and size ...................................................................................................................... 20
3.3.1 Sampling design ................................................................................................................................ 20
l.3.2 Sample size ....................................................................................................................................... 20
l.4 Data collection methods and research instruments .............................................................................. 21
:.4.1 Data collection instruments ................................................................................................................ 21
·,.5. Data quality control ............................................................................................................................ 22
.6. Data processing and analysis ............................................................................................................. 22
.7. Limitations .......................................................................................................................................... 23
HAPTER FOUR: DATA PRESENTATION, INTERPRETATION AND ANALYSIS ............................................. 24
1 Introduction .......................................................................................................................................... 24
2 Descriptive Statistics ............................................................................................................................ 24
2.1 Gender And Duration In Organization ................................................................................................ 24
2.2 Duration And Marital Status ............................................................................................................... 26
l Analysis Of Findings ............................................................................................................................. 28
U Findings On The Relationship Between Budgetary Control And Cash Flow ......................................... 31
