INTRODUCTION
I MOSHOOD EMIABATA, will be presenting on the topic ‘budgeting’ which involves written plans that indicate future objectives, how to achieve the objectives and the expected outcome of the action within a specific period of time. This will be related to the 2016 Nigerian budget that had led to controversy in Nigeria. Plans can be described as the method of acting, making or starting something. Future objectives can be described as what we want to achieve in the future. It is also important to have an expected outcome so as to compare with the actual outcome of our plans.
STUDY QUESITIONS 1. What are the purposes of budgeting? 2. What will happen if there are no budgets before taking actions? 3. Who are those responsible for budgeting? 4. Can budget meet actual outcome?
AIM
The aim of the presentation is to evaluate the effect of budgeting on decision making and to relate it with the effect of budget preparation.
THE NEED TO RESEARCH AND PRESENT THIS TOPIC
This topic is one of the main problems in my country (Nigeria). The Nigerian economy is at a standstill not just because of the fall in crude oil prices but also the fact that the National Assembly have a lot reservations on the proposed 2016 budget leading to delay in government activities. With this view as a Nigerian, budgeting is the best topic for me at the moment in order to contribute to the restoration of the Nigerian economy.
RESEARCH DESIGN AND ANALYSIS OF STATISTICAL DATA
Descriptive method of research will give a better outcome because facts of situations in terms of nature and status would be stated the way they were during the research period .Also quasi- experimental design would be used based on the lack of control of the subject by the researcher.
For this research design, data will be gathered from journals, published articles, text books and direct information