| dc.description.abstract | The study was set to examine the effect of budgeting management practices on organizational
performance, a case study on Uganda Clays Limited. The study was guided by three objectives
that is: to establish the effect for budget planning in on financial performance, to establish the
effects of participatory budgeting on the financial performance and to establish the effect of
budget implementation on the financial performance of the companies in Uganda Clays, Mbale
branch.
A case study research design was used where both quantitative and qualitative methods of data
collection and analysis was also used. Purposive and simple random sampling was used to get a
representative sample fifty. Thematic content analysis was used as the main analysis strategy.
Key findings were transformed into themes for analysis and presentation of data.
The study found out that there are number of roles for budgeting management practices in the
Companies including; planning, evaluation of performance, for control purpose, continuous
comparison of actual results against budgets to form a basis of standards and creation of
responsibility centers in organizations. That budgeting contributions on the workers performance
in terms of time management in a way of proper time planning, even distribute the time
resources of the employees in the organization, help companies to make profits in time, as well
as provides direction to the future progress.
The researcher concluded that, budgeting management practices contributes greatly on the
financial performance of companies whereby through budgeting management practices, costs are
managed and controlled, can realize when costs are high and make some adjustments and that the
companies can set targets to meet through budgeting management and that by doing this cost is
managed and controlled for increased financial performance. The researcher recommended that
Companies should employ workers who are qualified for improved financial performance and
that since budgeting management practices serves as performance indicator, model of
communication, measure of control, means of motivation, it is recommended that Companies in
developing countries in Uganda particular to always perform budgeting management practices
process. The study further recommends that human resource to conceive and adhere to budgeting
management practices in a positive way as it is drafted and follow its contents in the day to day
running of the companies’ activities. By doing this, negative attitude of the human resource in
such Companies will be reduced that will result into proper allocation of resources and
companies should operate on. | en_US |
