The study examined the budgeting and budgetary control as a management tool in Ghanaian Metropolitan Assemblies with the view to find out the importance attached by metropolitan, municipal and district assemblies in Ghana to how budgets are prepared and implemented, benefits and problems associated with budgeting and the extent at which budget variance reports are used as a performance measure. The survey instrument was questionnaire. Statistical Package for Social Sciences (SPSS 16) software was used to analyze the data. The findings of the study revealed that, metropolitan assemblies prepare budgets and plans to guide their activities and operations and that there is generally a high level of budget participation. The major conclusion was that metropolitan assemblies use a rigorous budgetary control practices in its operations and attaches much importance to budgets and budgetary control as vital tool to aid them in effective and efficient management of their operations. It is recommended, among other things, that appropriate measures should be put in place to enable all the assemblies in Ghana prepare plans and budgets since the practices lead to effective utilization of state resources.
| Published in | Journal of Finance and Accounting (Volume 3, Issue 5) |
| DOI | 10.11648/j.jfa.20150305.17 |
| Page(s) | 159-163 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2015. Published by Science Publishing Group |
Budget, Budgetary Control, Management Tool
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APA Style
Edmund Kyei, Collins Owusu Kwaning, Donkor Francis. (2015). Budgets and Budgetary Control as a Management Tool for Ghana Metropolitan Assemblies. Journal of Finance and Accounting, 3(5), 159-163. https://doi.org/10.11648/j.jfa.20150305.17
ACS Style
Edmund Kyei; Collins Owusu Kwaning; Donkor Francis. Budgets and Budgetary Control as a Management Tool for Ghana Metropolitan Assemblies. J. Finance Account. 2015, 3(5), 159-163. doi: 10.11648/j.jfa.20150305.17
AMA Style
Edmund Kyei, Collins Owusu Kwaning, Donkor Francis. Budgets and Budgetary Control as a Management Tool for Ghana Metropolitan Assemblies. J Finance Account. 2015;3(5):159-163. doi: 10.11648/j.jfa.20150305.17
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Download@article{10.11648/j.jfa.20150305.17,
author = {Edmund Kyei and Collins Owusu Kwaning and Donkor Francis},
title = {Budgets and Budgetary Control as a Management Tool for Ghana Metropolitan Assemblies},
journal = {Journal of Finance and Accounting},
volume = {3},
number = {5},
pages = {159-163},
doi = {10.11648/j.jfa.20150305.17},
url = {https://doi.org/10.11648/j.jfa.20150305.17},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jfa.20150305.17},
abstract = {The study examined the budgeting and budgetary control as a management tool in Ghanaian Metropolitan Assemblies with the view to find out the importance attached by metropolitan, municipal and district assemblies in Ghana to how budgets are prepared and implemented, benefits and problems associated with budgeting and the extent at which budget variance reports are used as a performance measure. The survey instrument was questionnaire. Statistical Package for Social Sciences (SPSS 16) software was used to analyze the data. The findings of the study revealed that, metropolitan assemblies prepare budgets and plans to guide their activities and operations and that there is generally a high level of budget participation. The major conclusion was that metropolitan assemblies use a rigorous budgetary control practices in its operations and attaches much importance to budgets and budgetary control as vital tool to aid them in effective and efficient management of their operations. It is recommended, among other things, that appropriate measures should be put in place to enable all the assemblies in Ghana prepare plans and budgets since the practices lead to effective utilization of state resources.},
year = {2015}
}
TY - JOUR T1 - Budgets and Budgetary Control as a Management Tool for Ghana Metropolitan Assemblies AU - Edmund Kyei AU - Collins Owusu Kwaning AU - Donkor Francis Y1 - 2015/09/12 PY - 2015 N1 - https://doi.org/10.11648/j.jfa.20150305.17 DO - 10.11648/j.jfa.20150305.17 T2 - Journal of Finance and Accounting JF - Journal of Finance and Accounting JO - Journal of Finance and Accounting SP - 159 EP - 163 PB - Science Publishing Group SN - 2330-7323 UR - https://doi.org/10.11648/j.jfa.20150305.17 AB - The study examined the budgeting and budgetary control as a management tool in Ghanaian Metropolitan Assemblies with the view to find out the importance attached by metropolitan, municipal and district assemblies in Ghana to how budgets are prepared and implemented, benefits and problems associated with budgeting and the extent at which budget variance reports are used as a performance measure. The survey instrument was questionnaire. Statistical Package for Social Sciences (SPSS 16) software was used to analyze the data. The findings of the study revealed that, metropolitan assemblies prepare budgets and plans to guide their activities and operations and that there is generally a high level of budget participation. The major conclusion was that metropolitan assemblies use a rigorous budgetary control practices in its operations and attaches much importance to budgets and budgetary control as vital tool to aid them in effective and efficient management of their operations. It is recommended, among other things, that appropriate measures should be put in place to enable all the assemblies in Ghana prepare plans and budgets since the practices lead to effective utilization of state resources. VL - 3 IS - 5 ER -
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