Budgetary controls and performance of an organisation : a case study of Restless Development Uganda

Abstract

The study examined the relationship between budgetary controls and performance of Restless Development Uganda. The specific objectives of the study were; to examine the relationship between budgetary participation and performance in Restless Development Uganda; to assess the relationship between budgetary monitoring and performance in Restless Development Uganda and to establish the relationship between budgetary evaluation and performance in Restless Development Uganda. The study used a descriptive correlational and cross-sectional survey design using a sample size of 67. It revealed that there is a significant positive relationship between Budgetary participation and performance in Restless Development Uganda thereby rejecting the null hypothesis as evidenced by Pearson correlation (R=0.683, P=.000). it was also revealed that there is a significant positive relationship between budgetary monitoring and performance in Restless Development Uganda thereby rejecting the null hypothesis as evidenced by Pearson correlation (R=0.611, P=.000). From the study it is concluded that there is a significant positive relationship between Budgetary evaluation and performance in Restless Development Uganda thereby rejecting the null hypothesis as evidenced by Pearson correlation (R=0.695, P=.000). This study recommended that managers within the organisation must have a clear understanding of the role which they are required to play in ensuring budgetary compliance. This ensures that the most appropriate individuals are made accountable for budget implementation. Senior management can also use budgets to communicate corporate objectives downwards and ensure that other employees understand them and co-ordinate their activities to attain them. The act of preparation as well as the budget itself will also improve communication.