In carrying out the research it has been known to the researcher the reason of some of the problems faced by some medium scale industry and it was realized that the English adage that say “If you fail to plan, you plan to fail” is having effect on many of these industries with this the research was able to come up with something useful not only to the medium scale industry but also to any organization whether profit earning organization or non-profit earning organization.In achieving this objective secondary data is made use of to obtain information. This consists of the use of Journals, Magazines, Textbooks and so many others.It was also known that management has a very big role to play and their behavior has implication in relation budgeting and control measure.In conclusion, some summary, findings and recommendation were induced.
TABLE OF CONTENTS
TITLE PAGE I APPROVAL PAGE II DEDICATION III ACKNOWLEDGEMENT IV ABSTRACT V TABLE OF CONTENTS VI
CHAPTER ONE 1.1 BACKGROUND OF THE STUDY 1 1.2 STATEMENT OF THE PROBLEMS 3 1.3 OBJECTIVES OF THE STUDY 4 1.4 SIGNIFICANCE OF THE STUDY 5 1.5 THE SCOPE OF THE STUDY 5 1.6 LIMITATIONS OF THE STUDY 6 1.7 DEFINITIONS OF TERMS 7 REFERENCES 10
CHAPTER TWO REVIEW OF RELATED LITERATURE 2.0 INTRODUCTION 11 2.1 MEANING OF BUDGET 11 2.2 PRINCIPLES OF BUDGETING 13 2.3 FORMS OF BUDGET 16 2.4 TYPES OF BUDGET 20 2.5 RATIONALE FOR BUDGETING 26 2.6 BUDGETING CONTROL 28 2.7 RELATIONSHIP BETWEEN BUDGETS AND BUDGETARY CONTROL 29 2.8 TECHNIQUES OF BUDGETARY CONTROL 30 2.9 THE RELEVANCE OF BUDGETARY SYSTEM TO MEDIUM SCALE INDUSTRIES 3I REFERENCES 33
CHAPTER THREE 3.0 RESEARCH DESIGN AND METHODOLOGY 3.1 SOURCES OF DATA COLLECTION 34 3.2 LOCATION OF DATA 36 3.3 METHOD OF INVESTIGATION 37 REFERENCE 38
CHAPTER FOUR 4.0 SUMMARY OF FINDINGS 39
CHAPTER FIVE CONCLUSION AND RECOMMENDATION 5.1 CONCLUSION 40 5.2 RECOMMENDATION 41 BIBLIOGRAPHY 43
AN EVALUATION OF BUDGETS AND BUDGETARY CONTROL SYSTEMS IN MEDIUM SCALE INDUSTRIES
ABSTRACT Every organization needs Budget for the effective running of its operations. Consequently, this research work was designed to scrutinize budgets and budgetary control system in operation at United Nigeria Insurance Company Plc (UNIC) as a stepping-stone for managerial planning and control. The review of related literature bears evidence... Continue Reading
ABSTRACT Every organization needs Budget for the effective running of its operations. Consequently, this research work was designed to scrutinize budgets and budgetary control system in operation at United Nigeria Insurance Company Plc (UNIC) as a stepping-stone for managerial planning and control. The review of related literature bears evidence... Continue Reading
ABSTRACT Every organization needs Budget for the effective running of its operations. Consequently, this research work was designed to scrutinize budgets and budgetary control system in operation at United Nigeria Insurance Company Plc (UNIC) as a stepping-stone for managerial planning and control. The review of related literature bears evidence... Continue Reading
CHAPTER ONE 1.0 INTRODUCTION 1.1 Background of the study Every organisation both profit and non-profit has its objectives and goals in mind to achieve (Chukwu, 2012). For a profit making organisation, the goal is to satisfy the expectation of the owners through the maximization of expected return on capital. The size and scope of Small and Medium... Continue Reading
The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an organization has been a serious problem of small and medium scale companies like Nigeria and because of this, these companies have not been able to achieve their goals. It is against this background that this research work... Continue Reading
ABSTRACT The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an organization has been a serious problem of small and medium scale companies like Nigeria and because of this, these companies have not been able to achieve their goals. It is against this background that this... Continue Reading
The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an organization has been a serious problem of small and medium scale companies like Nigeria and because of this, these companies have not been able to achieve their goals. It is against this background that this research work... Continue Reading
ABSTRACT The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an organization has been a serious problem of small and medium scale companies like Nigeria and because of this, these companies have not been able to achieve their goals. It is against this... Continue Reading
ABSTRACT Every organization doing exceedingly well on the face of the earth rely heavily on budgets, and budgetary control measures to improve performance, through adequate resource allocation. Budget and Budgetary control, both at management and operational level looks... Continue Reading
C HAPTER ONE 1.1 BACKGROUND OF THE STUDY. The issue of small and medium scale industries dates back to when people started producing more products than they needed. As the need for industrialization and self employment starts arising in Nigeria as a result of the federal government inability to provide employment for the teeming population... Continue Reading