ACCOUNTING

BUDGET AND BUDGETARY CONTROL AS A TOOL FOR EFFECTIVE DECISION AND PLANNING IN MINISTRIES AND PARASTATALS A CASE STUDY OF MINISTRIES AND PARASTATALS IN IMO STATE

ABSTRACT

Budget and budgetary control as a tool for effective decision and planning in ministries and parastatals. The researcher is prompted into choosing this due to the peculiar nature of the topic budgetary control in ministries and parastatals.  In this project work the definition of budget is being known as a techniques their task of planning, coordinating, directing and control in an organization.  For a government ministries to achieve their aims budget must be enlisted in Agenda.  In carrying out this project work the topic identify the objective, statement of hypothesis, significance of the problem and the limitation of the project work.This project work is limited to the budget of Imo state government ministry and parastatals. Nevertheless profit oriented organization and parastatals make use of different budget to enable them meet their desire goals.  I bid to identify those administrative problems personal observations and interview where made and conducted, it was discovered that budget and budgetary are the key note of every successful body or organization as a result of policies not being strong enough to beat them to it.Finally budget enjoys a wide application. They can be used in our private homes where a civil servant who earns and income and plan on it.  Also the same thing is applicable to the ministries and parastatals.