Assessment of Budget Management Practice in Public Organizations in Case of Oromia Finance and Economic Cooperation
No Thumbnail Available
Date
2019-06
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Addis Ababa University
Abstract
This study examines Budget management practice in public organizations in case of Oromia Finance and Economic Cooperation. The objective of the study was to investigate budget management practice evidenced from Oromia Finance and Economic Cooperation. To achieve the objective of the study, the study adopts descriptive research design and mixed research approach, furthermore, stratified and purposive sampling techniques was used to obtain information from respondents. More specifically, the data was collected through primary and secondary source of data over the study period of 2006-2010EFY. Particularly, the primary data was collected through questionnaire and observation while secondary data was collected from different documents. the study findings indicated that; budget preparation of region was made without considering market price and reasonable cost, budget implementation & controlling starts with identification of the objectives and it end up with monitoring, adjustments and providing feedback for the necessary corrective measures. The study concluded that in order to enhance the performance of the budget holders under Oromia Finance and Economic Cooperation. Bureau there must be properly integrated budget and plan of the bureau and also properly implement and controlling the budget through encouraging the internal controls and audit performance of the approved budget. This study suggests that; budget holders shall make budget preparation based on estimation of market price and reasonable cost.
Description
A Thesis Submitted to the Department of Accounting and Finance Presented in Partial Fulfillment of the Requirements for the Degree of Master of Science in Accounting and Finance.
Keywords
Budget control, Budget management, Economic cooperation, Oromia Finance