Effeciveness of budgeting process in public Sectors The case study of Temeke municipal council
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Mzumbe University
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A Dissertation Submitted in Partial /fulfillment of the Requirements for the
Award of the degree of Masters of Science in Accounting and Finance
(MSc A& F) of Mzumbe University
This study was about the effectiveness of budgeting process in public sectors, where by the researcher considers Temeke Municipal Council (TMC) as a case study. Budget as the major process to ensure survival and attainment of organization goals has to be performed and manage well. Many organizations fail to achieve its objectives set despite having a budget. This is due to the improper planning on revenue collection and generation as well as expenditure of the organization and ignorance of other important aspects of budgetary control such as well trained staff and uncertainty amount of fund available. Budget is tools for organization to manage the plans to meet its intended goals. The organization should be aware of their objectives and goals when preparing their budgets. Therefore this dissertation is intended to evaluate the effectiveness of budgeting in achieving an organization goal. This research considers both qualitative and quantitative approaches, where by a sample sizes of twenty respondents were considered as an optimum one. These samples consider employees from finance, planning, and internal audit and managements departments of the municipal council. Fortunately, all targeted respondents respond to the questions. Findings from both respondents were critically analyzed in accordance with the pre stated research objectives and questions. The researcher found that, to a large extent there is effectiveness of budgeting process in public sectors and this is due to the achievements comes from the budgeting process system in all affairs. The researcher found that the expansion of revenue collection and good performance of the management are the good results of the budgeting system. Otherwise, the researcher suggests that all public sectors should have the budgeting system and the budget planners should ensure the budget correspond with their policies.
This study was about the effectiveness of budgeting process in public sectors, where by the researcher considers Temeke Municipal Council (TMC) as a case study. Budget as the major process to ensure survival and attainment of organization goals has to be performed and manage well. Many organizations fail to achieve its objectives set despite having a budget. This is due to the improper planning on revenue collection and generation as well as expenditure of the organization and ignorance of other important aspects of budgetary control such as well trained staff and uncertainty amount of fund available. Budget is tools for organization to manage the plans to meet its intended goals. The organization should be aware of their objectives and goals when preparing their budgets. Therefore this dissertation is intended to evaluate the effectiveness of budgeting in achieving an organization goal. This research considers both qualitative and quantitative approaches, where by a sample sizes of twenty respondents were considered as an optimum one. These samples consider employees from finance, planning, and internal audit and managements departments of the municipal council. Fortunately, all targeted respondents respond to the questions. Findings from both respondents were critically analyzed in accordance with the pre stated research objectives and questions. The researcher found that, to a large extent there is effectiveness of budgeting process in public sectors and this is due to the achievements comes from the budgeting process system in all affairs. The researcher found that the expansion of revenue collection and good performance of the management are the good results of the budgeting system. Otherwise, the researcher suggests that all public sectors should have the budgeting system and the budget planners should ensure the budget correspond with their policies.
Keywords
budgeting