ProjectClue.com WhatsApp or Call Us

projectclue whatsapp icon07030248044

Project Topic:

BUDGETARY CONTROL IN THE MARKETING AND MANUFACTURING ORGANIZATION.

Project Information:

 Format: MS-WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis  ::   1,833 people found this useful

Project Department:

ACCOUNTING UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

1.0     INTRODUCTION

1.1     BACKGROUND OF THE STUDIES

1.2     STATEMENT OF THE PROBLEM

1.3     PURPOSE FO STUDY

CHAPTER TWO

2.0            REVIEW LITERATURE

2.1     BASIC CONCEPTS OF BUDGETING AND BUGETARY CONTROL

2.2     TYPES OF BUDGETS FOR PLANNING AND CONTROL

2.3     BUDGETARY CONTROL IS AN ORGANIZATION

2.4     PRESENTATION ANALYSIS

2.5     BUDGETARY ANALYSIS

2.6     OPERATIONAL AND ADMINISTRATIVE EXPENSES

2.7     TYPES OF BUDGETARY CONTROL

2.8     BUDGETARY CONTROL PROCESS

2.9     BUDGETARY AN EFFECTIVE MEANS OF PLANNING BUDGET ANALYSIS

CHAPTER THREE

3.0            SUMMARY

3.1     RECOMMENDATION

3.3     CONCLUSION

REFERENCE

CHAPTER ONE

1.0     INTRODUCTION

1.1     BACKGROUND OF STUDY

          Whenever the demand for factors of production is greater than the supply, some method of apportioning them among different uses has to be employed and this brought the need for budgeting and control.  In a perfect competition, they would be distributed among different employments according to the demand for them, equilibrium being achieved when the marginal productivity of each was the same in all occupations (J.L.Hanson, 1977).

          Budgeting being the single most important decision making process can therefore be considered an important part of the classic management cycle of planning, action and control or more specifically, as part of a total management system that includes: -

-                     strategy formulation and implementation

-                     planning systems

-                     budgeting systems

-                     organization

-                     production/marketing systems

-                     control/reporting systems.

As long ago as 1931, the Macmillan Committee on Finance and

Industry recommended control of investment.  To support his policy of full employment, lord Beverage suggested that since investment was easier to control than saving, the two should be brought into line by imposing control over investment. Since investment cannot exist without budget and implementation, there became the need for budgetary control rather than investment control (Ifeanyi .A. Arji, 1997).

1.2            STATEMENT OF PROBLEM

A striking feature of large corporations is that the owners

(Stockholders) are usually not directly involved in making business decision, particularly on a day to day basis.  Instead, the company (corporation) employs mangers to represent owner’s interests and make decision on their behalf. The financial manager acts in the best interests of the shareholders by making decisions that increase the value of the stock.  The appropriate goal for the financial manager, who is in charge of budget and budgetary control of the corporation can therefore be stated easily; the goal of the management or the manufacturer is to maximize the current value per share of existing stock for profit making entities and for none profit making businesses, to maximize the market values fo the owners equity.

          Infact, considering the above financial goals, one might come up with some of the ideas for the following; survival, avoid financial distress and bankruptcy, beat competition, maximize sales or market shares, minimize cost, maximize profit, maintain steady earning growth.  All or each of these goals poses problems to the manager as he has the following questions to answer: -

1.                 What long-term investment should you take on? That is what lines of business will you be in and what sorts or buildings, machineries ad equipment will you need?

2.                 Where will you get the long-term financing to implement your budget? Will you bring in other owners or wil you go a borrowing?

3.                 How would you manage your everyday financial activities such as collecting from customers and paying suppliers?

4.                 How will government policy affect the cooperation such as bane of raw materials and import duties as well as tare ad other tariffs?

5.                 What control measures will you take to make sure of accurate execution of the budgeted funds?

1.3            PURPOSE OF STUDY

The purpose of this study is to find budgetary control

techniques adopted and applied by service industries which aim at providing all ranks or management with enough information for recording plans and measuring performance in objectives and various plans in order to meet such objectives and budgetary is part of planning.  Some organization go into liquidation or fold up due to lack of planning as one commentator said, few business plan to fail but many of the hazard execution and inadequate application of the control techniques.

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR ACCOUNTING PROJECTS AND MATERIALS

A COMPARATIVE ANALYSIS OF COMPUTERIZED ACCOUNTING SYSTEM AND MANUAL ACCOUNTING SYSTEM

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   4771 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Accounting system according to an Italian monk, Luca Pacioli (1491), is the combination of personnel records and procedures that a business uses...Continue reading »

A COMPARATIVE ANALYSIS OF COMPUTERIZED ACCOUNTING SYSTEM AND MANUAL ACCOUNTING SYSTEM

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 70 ::   Attributes: Questionnaire, Data Analysis, Abstract

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Accounting system according to an Italian monk, Luca Pacioli (1491), is the combination of personnel records and procedures that a business uses...Continue reading »

A COMPARATIVE ANALYSIS OF COMPUTERIZED ACCOUNTING SYSTEM AND MANUAL ACCOUNTING SYSTEM (A Case Study Of Ama Breweries Plc. Eke, Udi L.G.A And Africa Petroleum Plc Presidential Road)

 Format: MS WORD ::   Chapters: 1 - 5  ::   Pages: 87 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   12011 engagements

ABSTRACT This research study is a comparative analysis of computerized accounting system and manual accounting system with reference to Ama breweries plc. and African petroleum plc. all in Enugu state...Continue reading »

A COMPARATIVE ANALYSIS OF COMPUTERIZED ACCOUNTING SYSTEM AND MANUAL ACCOUNTING SYSTEM (A study of Ama breweries Plc. and Africa petroleum Plc)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   3367 engagements

ABSTRACT This research study is a comparative analysis of computerized accounting system and manual accounting system with reference to Ama breweries plc. and African petroleum plc. all in Enugu stat...Continue reading »

A COMPARATIVE ANALYSIS OF COMPUTERIZED ACCOUNTING SYSTEM AND MANUAL ACCOUNTING SYSTEM (A study of Ama breweries Plc. Eke, Udi L.G.A and Africa petroleum Plc Presidential road)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   2616 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Accounting system according to an Italian monk, Luca Pacioli (1491), is the combination of personnel records and procedures that a business uses to...Continue reading »

A COMPARATIVE ANALYSIS OF EARNING QUALITY BEFORE AND AFTER ADOPTION OF IFRS IN NIGERIA (A CASE STUDY OF MONEY DEPOSIT BANKS ABUJA)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   3620 engagements

CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The purpose of International Financial Reporting Standard (IFRS) is to ensure high degree of transparency and comparability of financial statements....Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Abubakar Sani from Nigerian Investment Promotion Commission said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good quality. I recommend ProjectClue for any project research work.".
    Rating: Excellent
  • 2. Ogunniran Olawale from Ekiti state university said "Projectclue is really safe and reliable Quick access to project works Nice customer service Fast delivery of request Recommend this toy fellow students ".
    Rating: Excellent
  • 3. Fahat Nasir from isa kaita college of education dutsinma said "Fish farming a solution unemployment ".
    Rating: Very Good
  • 4. Ajimbi Oluwarotimi from Theology school osun said "Good ".
    Rating: Very Good
  • 5. Clement Abdullahi Ogiji from National Open University of Nigeria said "I am a living witness and have recommended project clue to a lot of students, so far none have been disappointed, very reliable and, trustworthy and dependable".
    Rating: Excellent
  • 6. Jhuee from Sultan national high school said "Good quality. I recommend project clue for any project research work.".
    Rating: Excellent