3. Rationale of the Study
• The financial resource of an organization is one of
the crucial components in reaching its goals and
objectives.
• Budgets play a significant role in helping
organizations achieve their strategic goals; in this
sense, they serve as means of achieving stated
objectives.
4. Rationale of the Study
• Budgeting is vital to any government organization
that needs to progress positively.
• Through the budget, the government can prioritize
and put into action its plans, programs and policies
within the constraints of its financial capability as
dictated by economic conditions.
5. Rationale of the Study
• Budget systems and procedures should be
coordinated, coherent and consistent across levels of
government.
• The budgeting process is increasingly recognized as
the key tool for organizational effectiveness.
• Effectively prepared budgeting process can be
measured in terms of achievement of its goal.
6. Rationale of the Study
• Despite budgeting process being in place in many
organizations yet the goals they set are not met or are
met at some low level.
• Budget achievement was far from reality and the gap
between budget and organizational success are so
wide range and kept on point for many years ago.
7. Rationale of the Study
• This study will determine how
effectively and efficiently the
stakeholders of Environmental
Management Bureau utilize their
budgets to achieve the organization's
objectives.
9. Statement of the Problem
The general objective of the study is to determine the
effective and efficient budget utilization practices
among the stakeholders Environmental Management
Bureauin achieving the goals of the organization.
10. Specifically, it answers the following queries:
1. What budgeting process does the agency practice?
2. What are the agency’s budget utilization practices?
3. What are the challenges that the agency faces in the
budgeting?
11. Specifically, it answers the following queries:
4. What are the contributions of budgeting to the
achievement of agency’s goals?
5. What measures should be taken to improve the
agency’s budgeting process practices?
12. Significance of the Study
Environmental Management Bureau:
* analyze the bureau’s budgeting processing in
achieving its goals.
* determine the effective and efficient budget
utilization practices of the bureau.
13. Significance of the Study
Environmental Management Bureau:
* useful to the organization by enhancing the
attainment of the organization goal through the timely
budget processed by the organization as this will
enable the forward movement of the organization and
its growth.
14. Significance of the Study
Managerial Contribution :
* important to the management as it portrays the
major challenges facing their organization in
budgeting.
* The management could also use the study findings
to help detecting weaknesses that may arise in
budgeting process. Based on that organizations might
emulate the best practice.
15. Significance of the Study
Researcher :
* The experience the researcher will obtain can act
as capacity building platform that will provide impact
in terms of career development and provide database
for learning purposes in various institutions.
16. Definition of Terms
Budget. is defined as a financial or quantitative
statement prepared and approved and
approved prior to a defined period of time. It
may include income, expenditure and the
employment of capital.
17. Definition of Terms
Budgeting process. involve the following steps: Firstly,
communicating details of the budget policy
and budget guidelines whereby aggressive pricing
policy, wage rate increases, changes in
productivity are taken into account.
20. Research Methodology
• Descriptive quantitative research design
• Purposive Sampling Method
• The respondents are 15 tenured
employees who hold the position of
division chiefs, section chiefs, unit heads
of the department
21. Research Methodology
* 35-item researcher-made questionnaire for the
respondents to answer. The questionnaire has three
sections. The first section will contain the demographic
profile of the respondents in terms of age, gender, years in
service, position and their assigned department. The
second and third section will gather the respondents’
practices and involvement in the budget process.
22. Data Gathering Procedure
• researcher will seek the permission of the department
head where the study will be conducted.
• Once permission is granted, the researcher will then
orient the respondents about the questionnaire that they
will be answering.
• Seek for their permission to be part of the research.
• Assure the respondents that the data gathered will be
treated with utmost confidentiality.
23. Data Gathering Procedure
• Respondents can bring the questionnaire with them if
they wish to answer it at home.
• After a couple of days, the researcher will then collect
the questionnaires for the data treatment and analysis.
24. Statistical Treatment
The compilation and processing of the quantitative
data which will be collected will start immediately
after the field work. The quantitative data that will be
collected on the study will be sorted, edited, coded
and then it will be processed with help of the
computer using the Statistical Package for Social
Sciences (SPSS). Tables and bar graphs will also be
employed to analyze the data the study.
25. REFERENCES
ACCA (2006). Financial Management and Control, 2 nd Edition, BPP Learning Media Ltd,
London. Amey, L. (1979). Budgeting Planning and Control System, Pitman, London. APT
Financial Consultants (2009). Management Accounting and Control (CPA Reviews), Dar es
salaam, Tanzania. Arora, M. N (2000). Cost Accounting, 7 th Edition, Viscas Publishing House.
Drury, C. (2004). Management and Cost Accounting, 6th edition, Thomson Learning, London.
Gordon, P.N (1999). Budgeting, Profit and Control, Prentice Hall, New Delhi.
Horngren C, et al, (1981). Cost Accounting, 3rd Edition, Practice Hall of India, NewDelhi.
Hornoren, C.T (1999). Management Accounting, 11th edition USA. Kothari, C.R (2004).
26. REFERENCES
Research Methodology ‘Methods and Techniques’, 2nd Edition, New Age International (P) LTD New Delhi.
Lambe, I. (2012). Appraising the Impact of Budgeting and Planning on the Performance of Financial Institutions
in Nigeria. Research Journal of Finance and Accounting, 5 (16), 12 - 26
Lucey T. (2003). Management Accounting, 4th edition, Great Britain Continuum,
London. Lucey, T. (2002). Costing, 6th Edition, Great Britain Continuum, London.
Pandey, I.M. (2002). Financial Management, 8th Edition,Vikas Publishing House Pvt. LTD, New Delhi.
Saleemi, N. A (1990), Cost Accounting, 1 st Edition, Nairobi, Kenya. Sharma, R. K and Gupta
S.K (2003). Management Accounting, 9 th Edition, Kalyani.