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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/7858
Title: ASSESSMENT OF BUDGET PRACTICE IN NGO’S, IN THE CASE OF GRARBET TEHADISO MAHBER
Authors: FANTU, MELAT
Keywords: Budget implementation, Budget monitoring, Budget control, Budget preparation.
Issue Date: Jan-2024
Publisher: St.Mary's University
Abstract: The study aims to assess budget practices in Grarbet Tehadiso Mahber, The research pursues to describe budgeting processes and budget monitoring practices in Grarbet Tehadiso Mahber and the conditions that result good budget implementation. The study utilizes primary data from questionnaire surveys. Questionnaires were distributed to the entire target population of 52 staff directly engaged in the budgeting process, resulting in 46 completed and returned surveys. Qualitative data were subjected to analysis using descriptive statistical methods, including percentages and frequency, through SPSS version 25.The findings reveal that the organization's overall budget preparation and utilization system lacks the involvement of relevant staff members and the timely & accurate recording of actual results is identified as an area needing improvement, Furthermore, the study indicates that a well-documented budgeting process for new projects or donors is less likely to pose challenges, requiring minimal time for learning and adaptation. The study concludes that the absence of user participation in budgeting, coupled with delays in recording actual results, irregular budget comparisons, and untimely reporting, hampers decision-making, emphasizing the crucial recognition of budgets for effective execution; nevertheless, a well-documented budgeting process facilitates smoother implementation for new projects, with organizational stability positively influencing goal achievement.
URI: http://hdl.handle.net/123456789/7858
Appears in Collections:Accounting and Finance

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