CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
A budget is a standard with which to measure the actual achievements of people departments, firms, etc. it relates to a certain function, whether the function be a country, district, council, company division or an operating unit. It is the principal instrument that tempts to impose a sense of order on the multiplicity of public sector activities. It is a plan of revenues and expenditures for the forth coming fiscal year, and often, it is related to plans and project for a longer period as well. Thus the preparation for the annual budget is an occasion for introducing new programme and interrelating them with existing operations, an occasion for the review of considerations affecting operating efficiency of the system, an occasion for investigating administrative accountability, an occasion for decision making about the composition and level of government outputs, and also about the relative importance of the goals of stabilization, distribution and growth an occasion for review of the existing programmes as a basis for executive recommendations regarding their expansion or contraction and an occasion for enforcing constitutional.
1.2 OBJECTIVES OF THE STUDY
This research is aimed at accomplishment of some objectives. It will examine and highlight the roles of budgeting with reference to 2004 National Budget
To achieve these, the research has to:
a) Ascertain the role of budgeting in public sector management.
b) Ascertain the system of budgeting in public sector management.
c) Apprise the role of budgeting in situation of frequent erratic changes.
d) Analyze the impact of the role of budgeting in public sector management.
e) Ascertain whether budgeting accomplishes its practical roles in the public sector management.
General, this project is aimed at arousing interest on the role of budgeting in private sector management in Nigeria. The aim is that enough consciousness towards budgeting will be awakened by this project to improve the effectiveness of the role of budgeting.
Terms of Use: This is an academic paper. Students should NOT copy our materials word to word, as we DO NOT encourage Plagiarism. Only use as a guide in developing your original research work. Thanks.
Disclaimer: All undertaking works, records, and reports posted on this website, eprojectguide.com are the property/copyright of their individual proprietors. They are for research reference/direction purposes and the works are publicly supported. Do not present another person’s work as your own to maintain a strategic distance from counterfeiting its results. Use it as a guide and not duplicate the work in exactly the same words (verbatim). eprojectguide.com is a vault of exploration works simply like academia.edu, researchgate.net, scribd.com, docsity.com, course hero, and numerous different stages where clients transfer works. The paid membership on eprojectguide.com is a method by which the site is kept up to help Open Education. In the event that you see your work posted here, and you need it to be eliminated/credited, it would be ideal if you call us on +2348064699975 or send us a mail along with the web address linked to the work, to eprojectguide@gmail.com. We will answer to and honor each solicitation. Kindly note notification it might take up to 24 – 48 hours to handle your solicitation.