THE IMPACT OF BUDGETING ON FINANCIAL PERFORMANCE
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
THE IMPACT OF BUDGETING ON FINANCIAL PERFORMANCE
This study aims to: (1) analyze the relationship between budgeting practices and financial performance, (2) identify the budgeting techniques that most significantly influence financial outcomes, and (3) evaluate the effectiveness of budgeting in financial planning. A survey design was employed to gather quantitative data from financial managers and accountants. Using Taro Yamane's formula, a sample size of 380 participants from manufacturing firms in Lagos was determined, ensuring a representative and statistically significant sample. The manufacturing sector was chosen for its complex financial structures and significant budgeting needs. The reliability coefficient score of the survey instrument was 0.88, indicating high reliability. Findings reveal that rigorous budgeting practices are positively correlated with improved financial performance, highlighting enhanced cost control, better resource allocation, and increased financial predictability. The study recommends that firms adopt comprehensive budgeting practices, regularly review and adjust budgets, and invest in training for financial personnel to optimize financial performance.
Related Project Materials
AN EXAMINATION OF THE QUALITY OF GRADUATES PRODUCED BY THE TERTIARY INSTITUTIONS IN NIGERIA
ABSTRACT
This study examines the quality of graduates produced by the tertiary institutions in Nig...
THE EFFECT OF MONETARY POLICY ON THE FINANCE OF FOREIGN TRADE
ABSTRACT
The purpose of this study is to determine the impact of monetary policy on foreign trade finan...
DOMESTIC OUTCOMES OF NIGERIA’S ECONOMIC DIPLOMACY 1999-2007
ABSTRACT
Economic Diplomacy(ED) is the management of international relations aimed at promoting exports and increasing access to Foreign...
PERCEIVED INFLUENCE OF RELIGION ON MUSLIM WOMEN SPORTS PARTICIPATION IN SHARIA COMPLIANT STATES IN NIGERIA
ABSTRACTS
The study examined the perceived influence of religion on Muslim women sports participation in sharia compliant States in Niger...
INFORMATION TECHNOLOGY AND CUSTOMER'S LOYALTY IN THE SERVICE INDUSTRY
ABSTRACT
This study was carried out to examine information technology and customer's loyalty in the...
INFORMATION SERVICES PROVISION FOR ACCESS AND UTILIZATION OF AGRICULTURAL SCIENCE STUDENTS BY NATIONAL AGRICULTURAL EXTENSION RESEARCH AND LIAISON SERVICES, AHMADU BELLO UNIVERSITY, ZARIA, NIGERIA
ABSTRACT
This study was carried out to investigate the Information services Provision for access and utilization of Agricultural Science...
EMBRACING TOP-DOWN INFORMATION COMMUNICATION AS A MEANS OF ENHANCING INNOVATION IN ORGANIZATIONS
ABSTRACT
This study was carried out on embracing top-down information communication as a means of enhan...
TEACHER’S MOTIVATION AND PRODUCTIVITY IN SECONDARY SCHOOLS
EXCERPT FROM THE STUDY
Productivity is a concept often misinterpreted with efficiency by many people. However, both conc...
THE ROLE OF GOVERNMENTAL ACCOUNTANTS IN PUBLIC FINANCE MANAGEMENT
THE ROLE OF GOVERNMENTAL ACCOUNTANTS IN PUBLIC FINANCE MANAGEMENT
Abstract
This research explores the critical role of governme...
Early Childhood Education in Multilingual Settings: Challenges and Strategies
Abstract: This research explores the challenges and strategies of early childhood education in multilingual settings, focusing on...
