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BUDGETING AND ITS IMPACT ON PERFORMANCE OF COMMERCIAL BANK (A CASE STUDY ON SHASHEMENT BRANCH)

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BUDGETING AND ITS IMPACT ON PERFORMANCEOF COMMERCIAL BANK (A CASE STUDY ONSHASHEMENT BRANCH)A RESEARCH PAPER SUBMITTED IN PARTIAL FULFILLMENTOF THE COURSE STUDENT PROJECT FOR REQUIREMENT OFB.A DEGREE IN ACCOUNTING EDUCATION TO ACCOUNTINGDEPARTMENTPREPARED BY: ELALU JUHARADVISOR:- ESHETU YADECHA (ATO)JIMMA UNIVERSITYFACULTY OF BUSINESS AND ECONOMICSCOLLEGEACCOUNTING DEPARTMENTMAY, 2012
JIMMA, ETHIOPIA2
ACKNOWLEDGEMENTI would like to great thanks give to almightily my Allah he has helped me in everyaspects of my life.Next I would like to express my heart felt gratitude to my advisor Ato EshetuYadecha his heart felt advice and helped me. I would also like to Jimma Universitybusiness and Economics College in general and department of AccountingI am immensely grateful thanks to Ato Jilalu Mehamed. Finally I would like tothanks my brothers and all people that assist me in providing me helpfulinformation for fulfillment of this research paper.i
ABSTRACTGenerally the objective of this research paper is to assess the budget and its impacton performance measurement on commercial bank of Ethiopia.Specifically, this objective can be improving the banks budget and performancemeasurement techniques by solving the problem of budget variance to much itwith the principle of activity based budget systems. The study also tried to answersome questions such as what are the cause of variance, how the budgeting processmade? What are the bases for preparation of budget and so on. Data was collectedfrom both primary and secondary sources, primary data was collect at using bothunstructured interview and questionnaire. Interview was conducted from the banksemployees. Questionnaires was distributed to the selected employee’s relatedleaders of the bank, secondary data had been used from published and nonpublished documents.Finally, this paper concern on budgeting and related issues to address the occurredvariance and to check the banks performance. The research conclude from thebank used budget and faces many problems. Based on this I would forward somerecommendations, the bank should be suitable, attract and control unforeseencircumstances and externalities.ii
TABLE OF CONTENTSTitlePageACKNOWLEDGEMENT....................................................................................................iABSTRACT........................................................................................................................iiTABLE OF CONTENTS...................................................................................................iiiCHAPTER ONE..................................................................................................................1INTRODUCTION...............................................................................................................11.1Background of the organization...........................................................................11.2. Background of the study...........................................................................................31.3 Statement of the Problem...........................................................................................41.3 Objective of the Study...............................................................................................61.5. Significance of the Study..........................................................................................71.6 Scope of the Study.....................................................................................................71.7. Limitation of the study..............................................................................................7CHAPTER TWO.................................................................................................................82. LITERATURE REVIEW.................................................................................................82.1 Origin of the budget...................................................................................................82.2. Definition of Budget and Budgeting.........................................................................82.3 The objective and role of budgeting..........................................................................92.4 Budgeting procedures..............................................................................................102.5. Relationship Between planning and Budgeting......................................................112.6. Performance measurement......................................................................................122.6.1. Performance evolution concepts......................................................................122.6.2. Performance reports and communication........................................................132.6.3. Using performance measurement to impalement corporate strategy..............132.7. Budget Classification..............................................................................................142.8. Types of Budget......................................................................................................152.8.1. Program Budgeting..........................................................................................152.8.2. Zero Base Budgeting (ZBB)............................................................................15

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Term
Spring
Professor
Dr.luxy
Tags
Accounting, United Kingdom budget

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