Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO

A thesis submitted to Mzumbe University as a partial/fulfillment of the requirements for the degree Masters of Science in Accounting and Finance of Mzumbe University

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Autor principal: Joseph, Marygoreth Lyaruu
Formato: Tesis
Lenguaje:inglés
Publicado: Mzumbe University 2024
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Acceso en línea:https://scholar.mzumbe.ac.tz/handle/123456789/1487
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author Joseph, Marygoreth Lyaruu
author_facet Joseph, Marygoreth Lyaruu
author_sort Joseph, Marygoreth Lyaruu
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description A thesis submitted to Mzumbe University as a partial/fulfillment of the requirements for the degree Masters of Science in Accounting and Finance of Mzumbe University
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spelling oai:null:123456789-14872024-10-16T10:58:44Z Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO Joseph, Marygoreth Lyaruu Budget Budgetary Financial performance A thesis submitted to Mzumbe University as a partial/fulfillment of the requirements for the degree Masters of Science in Accounting and Finance of Mzumbe University The study aimed at assessing budget and budgetary control in enhancing financial performance of an organization. Specifically the study focused on identifying the budgeting process of TANESCO, assessing the trend of budget performance of TANESCO from the year 2006-2012, and to determine the contribution of budget in the financial performance of the company. The study adopted a case study research design as the best way of collecting data and assessing the budget and budgetary control in enhancing financial performance of an organization. The study comprised 80 respondents from TANESO-Headquarter. Questionnaire, interview and group discussion were used to collect data. Data were presented into tables, graphs and charts for easy analysis and discussion of findings. The study findings indicated that budgeting process starts with identification of financial objectives and it end up with monitoring, adjustments and providing feedback for the necessary corrective measures. Also the study indicated that TANESCO is experiencing negative variance in its budget trend for each financial year and lastly the study revealed that budget and budgetary control contribute much to the effectiveness of the organization. The study concluded that in order to enhance the financial performance of TANESCO there must be proper control and management of the organization’s budget. The study therefore; recommended that in order to enhance performance budgetary control need to be done from the beginning of the budgeting process until the end of the budget implementation and formulation of the new budget. Private 2024-10-16T10:58:41Z 2024-10-16T10:58:41Z 2014 Thesis APA https://scholar.mzumbe.ac.tz/handle/123456789/1487 en application/pdf Mzumbe University
spellingShingle Budget
Budgetary
Financial performance
Joseph, Marygoreth Lyaruu
Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title_full Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title_fullStr Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title_full_unstemmed Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title_short Assessment of the budget and budgetary control in enhancing financial performance of an organization: The case of TANESCO
title_sort assessment of the budget and budgetary control in enhancing financial performance of an organization the case of tanesco
topic Budget
Budgetary
Financial performance
url https://scholar.mzumbe.ac.tz/handle/123456789/1487
work_keys_str_mv AT josephmarygorethlyaruu assessmentofthebudgetandbudgetarycontrolinenhancingfinancialperformanceofanorganizationthecaseoftanesco