56 Pages
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6,709 Words
A Budget being the planning of how to spend revenues and incoming capitals so this makes is necessary to make sure that it is done with extra care. Budgets and the methods of preparing a good one has been a problem to most organization both private and government, the implementation of a faulty budget has brought man companies to a close door point were all operations are stopped. Therefore budget design needs to be accurate and able t […]
71 Pages
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9,135 Words
INTRODUCTION The essence of budgeting is to provide an essential element of control in an organization in order to facilitate the achievement of set objectives .The control process is the fundamental organization link between the manager and the other people in an organization in a non profit making organization output various with the objective with which they were established. The objective of public organization could be social and […]
73 Pages
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10,493 Words
INTRODUCTION HISTORY OVERVIEW: The use of budget in government long preceded its application in business or the business sector. In the stable economic environment of the period before world war, few large companies in U.S.A and U.K used budgets. The result of the use of budget conflicted, some pioneer companies reported it was a significant tool to management but reported it has an ill or even a negative effect on efficiency and produ […]
75 Pages
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9,643 Words
INTRODUCTION 1.1 Background of study Union Bank of Nigeria plc is one of the first generation banks started to the colonial era. Formally known as Baraclays bank DCO (Dominion Colonial and Overseas) it was opened in1917. In compliance with the directive of the government in 1968, that all companies (Including Banks) must be incorporated locally in Nigeria in1969 and its name was consequently changed to Baraclays Banks of Nigeria Limite […]
91 Pages
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11,716 Words
An appraisal of tax holiday incentive programme could apart form critically examine the nature of and type of incentive after proceed form two angle – Micro and Macro. The micro aspect is an attempt to access the significances of the programme in the beneficiary while the macro aspect is the attempt to excess the whole aspect of aspect of the programme to the government and to the economy. This paper only attempt to analyze the impact […]
42 Pages
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13,443 Words
An efficient budgeting control system is one that produces the desired result. A balanced budget is the one that produces no variances but to achieve this, we are left to contemplation rather than a reality. This has become the problem of most of our manufacturing concerns in Nigeria. This study investigated the budget control and execution in manufacturing concerns in Nigeria with a view of appraising their efficiency. Out of a popula […]
95 Pages
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14,153 Words
As a result of rapid increase in the socio-economic problem of this nation and also millions of Naira wasted at project sites and the collapse of our economic sector , the writer decided to survey the avenues in which these wasted funds could be curtailed and our economic problems ameliorated. It was assumed that most of this problem arose as a result of poor budgetary and economic policies implementation for this the writer introduced […]