BUDGETARY CONTROL IN COMMERCIAL BANKS: A STUDY OF SELECTED BANKS IN NIGERIA.

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dc.contributor.authorMAGDALENE, SILVA SAAJI
dc.date.accessioned2014-02-17T14:28:06Z
dc.date.available2014-02-17T14:28:06Z
dc.date.issued1996-10
dc.descriptionA DISSERTATION SUBMITTED TO THE POST GRADUATE SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA, NIGERIA IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE (ACCOUNTING & FINANCE).en_US
dc.description.abstractBudgeting is a powerful management tool which is used to accomplish four major objectives: planning, coordination, motivation and control. The budget is a planning tool that represents the expected results of operations for the coming year, and thus it is a way of formulating and expressing in monetary terms the objectives of an organization and the operational plans for achieving those objectives. For budgets to be effective, budgeting must be accompanied by control. Budgetary control involves the periodic comparisons of planned objectives and actual performance. The management can then take corrective action in areas where significant differences between the budget and actual performance are reported. A budget is therefore a control tool. An important part of budget preparation is consideration of the importance of goal definition, individual aspirations and goals. The purpose of a budget in budgetary control is to specify the standard of acceptable performance in the banks. When a bank sets standards of acceptable performance, it has to be done with good judgement or else motivation may be misplaced. If a budgetary control system is not accepted by the people who have to operate it, they may hamper and obstruct the information flow so that realistic planning and control decisions will be difficult to take. Therefore, for the budgetary process to be successful, it requires top-management support, co-operative and motivated middle management staff and well-organised reporting systems, who will in turn direct lower level management staff in their duties towards achieving the goals set out in. the budget for the benefit of the bank. A study of budgetary control procedures adopted by commercial banks has been undertaken in this research work. In this study, the problems associated with budgetary control in commercial banks have been identified. Solutions to these problems of budgetary control have been proffered in order to improve the situation, so that commercial banks will have an efficient and effective budgetary control system.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/1806
dc.language.isoenen_US
dc.subjectBUDGETARY,en_US
dc.subjectCONTROL,en_US
dc.subjectCOMMERCIAL,en_US
dc.subjectBANKS,en_US
dc.subjectSTUDY,en_US
dc.subjectSELECTED,en_US
dc.subjectNIGERIAen_US
dc.titleBUDGETARY CONTROL IN COMMERCIAL BANKS: A STUDY OF SELECTED BANKS IN NIGERIA.en_US
dc.typeThesisen_US
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