AN EVALUATION OF BUDGETING AS A TOOLS FOR PLANNING AND CONTROLLING PRODUCTION ACTIVITIES IN NIGERIA MANUFACTURING INDUSTRY (A CASE STUDY OF DOYIN GROUP OF COMPANIES)

TABLE OF CONTENT

TITLE PAGE                                                                          PAGES

CERTIFICATION                                                                                      I

DEDICATION                                                                                  II

ACKNOWLEDGEMENT                                                                 III

LIST OF TABLE                                                                              IV

CHAPTER ONE

INTRODUCTION

1. BACKGROUND OF THE STUDY                                        1
   1. STATEMENT OF THE PROBLEM                                       2
   1. OBJECTIVES OF THE PROBLEM                                       3
   1. SIGNIFICANE OF THE STUDY                                           3
   1. SCOPE AND LIMITATION OF STUDY                               4
   1. ORGANIZATION PLAN                                                        5
   1. DEFINITION OF TERMS                                                      6

CHAPTER TWO

REVIEW OF RELATED LITERATURE

• MEANING OF BUDGET                                                       7
  • ROLES OF BUDGET                                                             8
  • BUDGETARY PLANNING AND CONTROL                       11
  • TYPE OF BUDGET/EFFECT OF BUDGET                         16
  • OBJECTIVES OF BUDGETING CONTROL                        18
  • APPRAISAL OF LITERATURE REVIEWED                       19

CHAPTER THREE

RESEARCH METHODOLOGY

• RESEARCH DESIGN                                                            21
  • POPULATION OF STUDY                                                    21
  • SMAPLE AND SAMPLING TECHNIQUES                         22
  • RESEARCH QUESTION                                                       22
  • INSTRUMENTATION                                                           23
  • SOURCES OF DATA                                                             23
  • METHOD OF DATA COLLECTION                                              24
  • METHOD OF DATA ANALYSI                                            25
  • LIMITATION OF THE METHODOLGY                               25

CHAPTER FOUR

PRESENTATION, ANALYSIS AND INTERPRETATION OF DATA.

• INTRODUCTION                                                                            27
  • THE MAJOR PURPOSE OF PREPARING A BUDGET                27
  • ESSENTIALS OF BUDGETING                                            28
  • BASIC ELEMENTS OF BUDGETS THE BENEFITS OF BUDGETING                                                                             30
  • THE BENEFIT OF BUDGET                                                 32
  • DATA PRESENTATION                                                       32
  • RESEARCH QUESTION                                                       33
  • CATEGORY OF BUDGET IN A TYPICAL MANUFACTURING ORGANIZATION                                                                             36

CHAPTER FIVE

SUMMARY, CONCLUSION, AND RECOMMENDATIONS

• SUMMARY OF FINDING                                                     38
  • CONCLUSION                                                                       40
  • RECOMMENDATION                                                           41

BIBLIOGRAPHY                                                                                       42

CHAPTER ONE

1. BACKGROUND OF THE STUDY

          One of the functions of a managers is to ensure that the necessary are information are acquired and employed in an effective and efficient manner for the accomplishment of the organization objective. This can be achieved by strategic planning. The strategic programme is otherwise know as budget.

          A budget is a plan of expenditure in qualitative and usually monetary. For a specified period of time. It helps project in top the future where business wants to be in future and how it intend to get these. If business management attempt of budge for the future. They one fared to thing about tomorrows problems and opportunity.

          Budgetary process involves making plans, executing those plans and monetary activities to in line with the plan. The process is interrelated with controlling and planning. Some managers fail to acknowledge the practicability and importance of budgets and budgetary control bsuch managers claims that the uncertainties poculliar to their business make budget impracticable to them. Also, many people associate budget with negative control activities where as the full process is musch broader and more positive them that.

          As earlier said budget is concerned with making executing plans and monetary or controlling aspect is called budgetary control. It includes making some people (managers) responsible for a plan to be effective, it has to be motivated, directed, coordinated and control through the personnel instrument of top management.

1. STATEMENT OF PROBLEMS

The research work seeks to examine the following; problems

1. What is the meaning of budget?
2. To what extent has budget contributed to effecives planning and control in Doyin Group of companies.
3. what is the role of budget committee in effective budgeting.

1. OBJECTIVE OF THE STUDY
2. The purpose of the study to examines critically the budget as an instrument for planning and control in Doyin Group of Companies, Ilorin Branch.
3. To find out what extent has budget contributed to effective planning and in Doyin group of Companies, ilorin branch
4. To explain the role of budget committee in effective in budget getting Doyin Group of companies, Ilorin branch
5. To find the components of budget as an instrument for planning and control, its importance, the different types of budget, most especially in Doyin Group of Companies, ilorin branch.