ABSTRACT
This story was aimed at finding out how Anambra Motor Manufacturing company Emene-Enugu undertakes its financial planning and control measures to meet its set objectives. Financial planning and control is very vital tool that helps management of an organization to achieve efficiency in its organization if the managers were able to work towards achieving its objectives. Very often management are faced with the problems of making good financial plans when a financial plan has been made, by way of borrowing, selling of manufactured goods to the public, sales of ownership, selling of assets, there still comes up investment decisions whether to be land, building and machineries, fixtures and fitting. Questionnaires and personal interview were used to collect the required data respondents. The percentage method used was chi-square statistical tool to analyze the data collected. It was discovered that it is vital for an organization to ensure that adequate finance for the company’s activities is obtained at the right quantity, time and place and also to ensure that the inflow and outflow of corporate funds are broadly in balance. So that situations of cash surplus and cash shortage does not arise. Anambra Motor Manufacturing Company adopted a good control system on the accounts department, where they have revenues and disbursement section that handles the receipts and payment in the organization. Careful or efficient source of fund helps Anammco achieve its aim. The conclusive nature of this study makes it open for more research.
TABLE OF CONTENTS
Title Page ii
Approval page iii
Dedication iv
Acknowledgement v
Abstract vi
Table of Contents vii
CHAPTER ONE
INTRODUCTION
1.1 Background of the study 1
1.2 Statement of the problem 8
1.3 Objective of the study 9
1.4 Significance of the Study 10
1.5 Research Question 11
1.6 Research Hypothesis 12
1.7 Scope and Limitation of the Study 13
1.8 Brief History of Anambra Motor Manufacturing 14
1.9 Definition of Terms 17
Reference
CHAPTER TWO
LITERATURE REVIEW
2.1 Review of Management Decision Making 20
2.2 How Financial Planning and Control help 25
2.3 Financial Planning and Control in Anambra 26
2.4 How Anamco Implement their Financial 32
2.5 An Overview of a Typical Planning 33
2.6 Advantages and Disadvantages of Financial 36
2.7 Requirement for Effective Planning and Control 38
2.8 Objectives, Types, Methods of Planning 40
2.9 The Need, Benefits and Factors Affecting Planning 48
2.10 Organization of Planning, Monitoring Control 60
2.11 Planning and Human Relation 62
Reference
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research Design 69
3.2 Source of Data 69
3.3 Method of Data Collection 71
3.4 Population of the Study 72
3.5 Sampling Determination of Sample Size 73
3.6 Table of Show Distributions to Financial Controller 76
3.7 Method of Data Analysis 76
Reference
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
4.1 Data Presentation and Analysis 81
4.2 Testing of Hypothesis 83
Reference
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
5.1 Summary of Findings 97
5.2 Conclusion 99
5.3 Recommendation
Bibliography
Appendix
Questionnaire
