EFFECTIVENESS OF BUDGETARY CONTROL AND ITS IMPLEMENTATION STRATEGIES ON KWARA STATE UNIVERSITY, MALETE, ILORIN

AJAGBE, Suraj Tunde1, BAMIDELE, Ayodeji Gbenga2 and USMAN, Taofeek Bolaji3

Abstract

Budgetary control systems are worldwide and have been measured as an essential tool for
financial planning. The purpose of budgetary control is to make available predict of revenues
and expenditures. The general objective of this study is to examine the effectiveness of budgetary
control and its implementation strategies. The study used a descriptive survey research design
aiming at examining the budgetary controls in Public Universities in Nigeria. The entire
population for this study consisted of 80 staffs involved in budgetary activities at Kwara State
University, Malete. The target population for this study was the entire staffs saddled with the
responsibility of budgetary provisions and its implementations. The sample size consists of 80
participants involved in budgetary activities. The “Budgeting System Questionnaire” (BSQ) and
the Budget Implementation Strategies Questionnaire (BISQ) contained 10 open ended statements
each on Line-Item Budgeting system were, Analysis of variance (ANOVA) was used to determine
the significance relationship of the variables. The findings revealed that there is significant
relationship between effective budgetary control mechanism and implementation strategies and
there is significant relationship between budgeting system and implementation strategies. The
study recommended that all stakeholders involved in the budget process must be carried along to
make necessary inputs which would facilitate and ensure that the performances of such budgets
are optimal upon their evaluation.