Home
Shop

09036857618

BUDGETARY CONTROL: AN AID TO EFFECTIVE CORPORATE PERFORMANCEA case study of Zenith Bank Plc

ABSTRACT

Budgetary control can be used as a means of control where by actual state of Affairs can be compared with that planned for by the management, so that appropriate action may be taken to correct adverse situation that may occur before it is too late. One of the main problems associated with the establishment of Budget is the problem of inflexibility while the major advantage is the welding together the element of the organisation to achieve corporate objectives. This project will examine various ways to make Budgetary control an effective one in various organisations.

CHAPTER ONE

1.0 Introduction

A budget according to the definition given by the institute of cost and Management Accountants ICMA means a financial and/or quantitative statement prepared and approved prior to a defined period of time of the policy to be pursued during that period for the purpose of attaining a given objective.

Original price was: ₦3,200.00.Current price is: ₦3,000.00.

Availability: In Stock
SKU:projectslib3462226782

Description

TABLE OF CONTENTS

Certification.. iii

Dedication.. iv

Acknowledgementv

Table of Contents. vi

Abstractviii

CHAPTER ONE.. 1

1.1 Introduction.. 1

1.2 Statement of the Problem.. 3

1.3 Objectives of the Study. 4

1.4 Scope of the Study. 5

1.5 Significance of the Study. 5

1.6 Statement of Hypothesis. 7

1.7 Limitation of the Study. 7

1.8 Definition of Terms. 8

1.9 Brief History of Zenith Bank Plc. 10

1.10 Plan of the Study. 11

CHAPTER TWO.. 13

2.0. Literature Review.. 13

2.1 Advantages of Budgeting. 13

2.2 Budget Monitoring, Evaluation and Reporting. 14

2.3 The Budget Process. 17

2.4 Types of Budgets. 19

2.5 Master Budget20

2.6 Budget Period. 21

2.7 Final Acceptance of Budget21

2.8 Budget Review.. 22

2.9 Control22

2.10 Types of Control23

2.11 The Basic Control Process. 24

2.12 Critical Control Points and Standard. 25

2.13 Questions for Selecting Critical Points of Control26

2.14 Types of Critical Points Standard. 26

2.15 Control as a Feedback System.. 28

2.16 Timing of Controls. 29

2.17 Requirement of Feed Forward Control30

2.18 Responsibility Accounting and Budgetary Control31

2.19 Aim of Budgetary Control33

2.20 Process of Budgetary Control34

2.21 Effective Budgetary Control35

2.22 Duties and Functions of Budget Officer36

2.23 Duties of Budget Committee. 37

2.24 Contents of a Budget Manual38

2.25 Differences between Budgetary Control and Standard Costing. 38

2.26 Controllable and Non Controllable Items. 39

2.27 The Significance of Variances in Budget40

2.28 Budgetary Control in Zenith Bank. 41

CHAPTER THREE.. 43

3.0 Research Methodology. 43

3.1 Data Collection Instrument43

3.2 Personal Interview.. 43

3.3 Questionnaire. 44

3.4 Questionnaire Method. 45

3.5 Questionnaire Administration.. 45

3.6 Selection of Sample Size. 45

3.7 Method of Data Analysis. 45

CHAPTER FOUR.. 48

4.0 Data Analysis and Interpretation.. 48

CHAPTER FIVE.. 57

5.0 Summary of Findings. 57

5.1 Conclusion.. 57

5.2 Recommendation.. 58

Bibliography. 60

Appendix. 61

Custom tab

Reviews

There are no reviews yet.

Be the first to review “BUDGETARY CONTROL: AN AID TO EFFECTIVE CORPORATE PERFORMANCEA case study of Zenith Bank Plc”

Your email address will not be published. Required fields are marked *

Back to Top
Product has been added to your cart
×