ABSTRACT

This work examined budgeting and budgetary control as toolsfor  accountability in government parastatals  in Enugu  state  housing development  and  corporation. Although  budgeting  is  a  systematic  approach  to  the  solution  of  resources allocation problems.  The major problems in developing and implementing a good budgeting system includes:  making a meaningful forecasts  and plans;  obtaining support and involvement of all level of management; and applying the budgetary system in a flexible  manner.  The main objective of this study is to determine the extent of which budgeting and budgetary control effect accountability  in Enugu state housing development and corporation.  To achieve the objective of this study the data for  this study were collected from primary data.  The data were tabulated and statistically analyzed   using ordinary least square method and the equation was estimated using simple regression method .Based on the empirical result the study revealed that budgeting and budgetary control do have significant effect on accountability of Enugu state housing development and corporation .   Based on the findings of the study  the following recommendation are being made  that members of   staff   should   always   be   adequately   involved   in   the  preparation   and implementation of  budget, top management should  always be procreative. and display   a high  level of genuine  commitment since  lack of  top high level can jeopardize  the entire system.  The researcher therefore concludes that budgeting and budgetary control  is a widely recognized as means of ensuring optimality, efficiency and effectiveness in resources used.

TABLE OF CONTENTS

Declaration

Certification

Dedication

Acknowledgement v

List of tables

Abstract

CHAPTER ONE

INTRODUCTION

1.1        Background  to the Study

1.2  Statement  of the Problem

1.3  Objectives  of the Study 5

1.4  Research  Questions 5

1.5    Research  Hypothesis 6

1.6  Scope of the Study 6

1. 7  Limitation  of the Study 6

1.8  Significance  of the Study 7

1.9  Definition  of Operational  Terms 7

CHAPTER  TWO

REVIEW OF RELATED LITERATURE

2.1    Theoretical  Framework                                                                           9

2.4 Approaches  to Budgeting  and Budgetary  Planning                              17

2.4.1   Traditional/Incremental    Budgeting  System                                       17

2.4.2  Planning  Programming  Budgeting  System (PPBS)                          18

2.4.3 Zero Based Budgeting  System  (ZBBS)                                              19

2.4.4 Continuous/Rolling   Budget                                                                 21

2.5  Budgetary  Planning                                                                                  23

2.6  Objectives  and Significance  of Budgeting                                            24

2. 7 Objectives  and Advantages  of Budgetary  Control Problems              27

2.8 Problems  and Limitations  of Budgetary  Control Problems                29

2.9  Budgeting  in the Public  Sector                                                               30

CHAPTER  THREE

RESEARCH METHODOLOGY

3 .1 Research  Design

3.2   Population  of the Study

3 .3 Sample Size and Sampling  Procedure

3 .4 Methods  of Data Collection  and Data

3.5 Validity  of the Research  Instrument

3.6 Reliability  Test of the Instrument

3. 7 Model  Specification

3.8 Techniques  of Data Treatment

CHAPTER FOUR

DATA PRESENTATION, ANALYSIS AND DISCUSSION OF DFINDINGS

4.1  Data Presentation                                                                           37

4.2 Analysis  of Data                                                                            39

4.3   Test of the Hypotheses                                                                  39

CHAPTER FIVE

SUMMARY, CONCLUSION AND RTECOMMENDATION

5.1   Summary of Major Findings                                                         42

5 .2  Conclusion                                                                                      43

5.3 Recommendations                                                                           44

REFERENCES 

APPENDIX