ABSTRACT
This research work was to examine the effect of budget and budgetary control in Local Government System. The study made use of Uyo Local Government Council as its case study. The main aim of this work was to find out the challenges militating against the sound implementing processes in Uyo Local Government Council in terms of BUDGET AS A TOOL FOR EFFICIENT CORPORATE PERFORMANCE IN AKWA SAVINGS AND LOANS LIMITED, UYO, AKWA IBOM STATE (ASL). for the period 2010 – 2019. The descriptive survey design was employed as the design of the study data were collected through text books, journals, Internet and also derived from collecting questionnaire and use of financial report and actual revenue as variables. The data obtained are presented in a tabular form, Pearson’s Product Moment Correlation Coefficient technique was used in testing the hypothesis, which was concluded that there are major challenges militating against the sound budget implementation process in Uyo Local Government Council in terms of budget revenue and actual revenue for the period of 2010 – 2019. This was confirmed from the result of the testing hypothesis as the alternative hypothesis (H1) was retained. It was recommended that government should make sure that their resolutions are made available to the government bodies to allow them performed the activities approved in the budget.
TABLE OF CONTENTS
Title page – – – – – – – – i
Fly leaf – – – – – – – –
Declaration – – – – – – – – ii
Certification – – – – – – – – iii
Dedication – – – – – – – – iv
Acknowledgements – – – – – – – v
Abstract – – – – – – – – vi
List of tables- – – – – – – – – xi
CHAPTER ONE: INTRODUCTION – – – – 1
- Background of the Study – – – – – 1
- Statement of the Problem – – – – – 3
- Objectives of the Study – – – – – 4
- Research Questions – – – – – – 4
- Research Hypothesis – – – – – – 5
- Significance of the Study – – – – – 5
- Scope and Limitations of the Study – – – – 6
- Organization of the Study – – – – – 7
- Operational Definition of Terms – – – – 8
CHAPTER TWO: REVIEW OF RELATED LITERATURE – 10
- Conceptual Review – – – – – – 10
- Concept of Budget and Budgetary control – – – 10
- Objectives of Budgetary – – – – – 11
- Types of Budget – – – – – – 12
- Challenges of Budgeting and Budgeting Control – – 18
- Benefits/Importance of Budgeting and Budgetary Control – 21
- Condition for Effective Budgetary Programme – – 22
- Efficiency of Budget and Budgetary control – – – 24
- Causes of failure in Budget – – – – – 25
- Tools for Effective Budgeting – – – – 26
- Budget Committee – – – – – – 26
- Budget Officer or Director – – – – – 27
- The Budgetary Control Process – – – – 27
- Theoretical Review – – – – – – 30
- Empirical Review – – – – – – 33
- Summary of Related Literature – – – – 35
- Research Gap – – – – – – – 36
CHAPTER THREE: RESEARCH METHODOLOGY – – 37
- Research Design – – – – – – 37
- Area of the Study – – – – – – 37
- Population of the Study – – – – – 37
- Samples and Sampling Techniques – – – – 37
- Sources and Nature of Data – – – – – 38
- Method of Data Collection/Instrumentation – – – 39
- Method of Data Analysis – – – – – 39
- Theoretical Specification of Model – – – – 39
- Empirical Specification of Model – – – – 40
- Ethical Issues – – – – – – – 40
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND
DISCUSSION OF FINDINGS – – – – – 42
- Presentation of Data – – – – – – 42
- Analysis of Data – – – – – – 43
- Analysis of Research Questions – – – – 44
- Test of Hypothesis (es) – – – – – 50
- Discussion of Findings – – – – – 55
- Analysis of Data – – – – – – 43
CHAPTER FIVE: SUMMARY, CONCLUSION AND
RECOMMENDATION – – – – – – – 56
- Summary – – – – – – – 56
- Conclusion – – – – – – – 57
- Recommendations – – – – – – 57
- Implication of Findings – – – – – 58
- Contribution to Knowledge – – – – – 59
- Suggestions of further study – – – – – 59
References
Appendixes