Budgeting and budgetary control as tools for accountability in government parastatals

This research work was   focused on investigation on the use of budgeting and  budgetary  control  as    tools  for  accountability  in  government parastatals.  (  A  case  study  of  Enugu  State  Housing  Development Corporation). Budgetary control is a quantitative expression of plane of action prepare in advance of period to which it relate. The organization is face with the problem of lack of budgeting while planning and controlling  their activities. The objective of the study is to determine if budgeting and budgetary control affect the quality of services delivery in government parastatals.

The research also aims at determining if budgetary control contribute  to  the  improvement  of  management  efficiency  and  high productivity. Data were collected from primary and secondary source. Secondary source of data were collected from textbooks, periodic articles and journals. Questions were distributed as well as personal interviews with functional and departmental heads were conducted. The sample size of 60 were used and was chosen among the number of department / section  using  Bowleys  proportional  allocation  formula  Data  were analyzed using table and simple percentage, hypothesis were tested using chi-square statistics. We discovered among other things that budgeting and budgetary control affect the quality of service delivery in government parastatals.

It was also revealed that budgeting and budgetary control contributes  to  the  improvement  of  management  efficiency  and  high productivity. In line with the above, we recommend among other things that the budget plan and preparation should be a corporate duty of the unit heads with head of department in the corporation, improving legislation, realistic budget target. Adherence in the budgeting provision should be practiced by top management