Factors Affecting Budget Effectiveness in Yeka Sub City Office of Finance & Economic Development
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Date
2022-02-10
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A.A.U
Abstract
The main purpose of this study was to investigate the factors that affect budget effectiveness in
the Yeka sub-city finances and economic development office. The study use explanatory styles of
research design with a quantitative research approach. From the total population of 58, censes
method was applied to determine sample of 58 respondents from management teams, the internal
and external auditors, budget experts, finance officers, tax and planning experts of the selected
public organization were the sources for the required data to the researcher through the
structured questionnaires. The SPSS version 24.0 was used to analyze the data using descriptive
statistics, including mean, standard deviation and multi variable regression used to analyze
inferential output. For this study, four independent variables are identify including budgeting
planning, budget preparation, budget implementation, and budget monitoring. The dependent
variable is budget effectiveness should be measured under multi variable regression. According
to the multi variable regression output, Budget planning, Budget preparation, Budget
implementation and Budget monitoring and evaluation have a significant effect (positive
relationship) on Budget effectiveness. The study concluded that, Budget planning, Budget
preparation, Budget implementation and Budget monitoring and evaluation should be embraced
since they demonstrated a significant positive relationship with the dependent variable.
Furthermore the study recommend, since the effective implementation of budget is not simple
matter, it is advisable to exist clear and open budget transparency, communication among
managers, workers and departments for better performance and to achieve the goal of the office.