Description
Abstract
Planning and Budgeting are of importance to every organization in evaluating their strength and weakness by checking their performance for future improvement. The problems identified include the delay in the budgeting system and flexibility in adopting changes due to undocumented plans which do not allow organizational growth. Also, there was an inadequate budget monitoring exercise. The researcher in this respects recommends that planning and budget monitoring unit should be established. As a matter of fact, investigations should also be carried to determine variance and possible solution to the variance should be found. Finally, when drawing up a budget for the fiscal year, budget discipline, procedures and due approval process should be adhered to.
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