Budgetary Controls and Efficiency in The Bank of South Sudan, Juba
Date
2018-10
Authors
Eptisam, William Morjan Mohandes
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management.
Abstract
The study examined the relationship between budgetary controls and efficiency in the Bank
of South Sudan, juba. The specific objectives of the study were; To examine the relationship
between budgetary participation and efficiency in the Bank of South Sudan, Juba; To assess
the relationship between budgetary monitoring and efficiency in the Bank of South Sudan,
Juba and to establish the relationship between budgetary evaluation and efficiency in the
Bank of South Sudan, Juba. The study used a descriptive correlational and cross-sectional
survey design using a sample size of 210. 5.2.1 Budgetary participation and efficiency in the
Bank of South Sudan, Juba. It revealed that there is a significant positive relationship
between Budgetary participation and efficiency in the Bank of South Sudan, Juba thereby
rejecting the null hypothesis as evidenced by Pearson correlation (R=0.383, P=.000). it was
also revealed that there is a significant positive relationship between budgetary monitoring
and efficiency in the Bank of South Sudan, Juba thereby rejecting the null hypothesis as
evidenced by Pearson correlation (R~0.619, P.000). From the study it is concluded that
there is a significant positive relationship between Budgetary evaluation and efficiency in the
Bank of South Sudan, Juba thereby rejecting the null hypothesis as evidenced by Pearson
correlation (R=0.795, P.000). This study recommended that managers within the
organisation must have a clear understanding of the role which they are required to play in
ensuring budgetary compliance. This ensures that the most appropriate individuals are made
accountable for budget implementation. Senior management can also use budgets to
communicate corporate objectives downwards and ensure that other employees understand
them and co-ordinate their activities to attain them. The act of preparation as well as the
budget itself will also improve communication. It is also recommended that managers
produce detailed budgetary plans to enable the implementation of the long term or strategic
plan. The annual budgeting process must be embraced always as found out in this study
encourages managers to plan for future operations, refine existing strategic plans and
considers how they can respond to changing circumstances. This encourages managers to
anticipate problems before they arise and ensures reasoned decision making.
Description
A Thesis Submitted to the College of Economics and Management in Partial Fulfillment of the Requirements for the Award of a Master’s Degree of Business Administration in Finance and Banking of Kampala International University Kampala.
Keywords
Budgetary Controls, Bank of South