| dc.description.abstract | This paper examines the role of budgeting not only in solving financial indiscipline, but also
as a tool for improved liquidity in donor funded institutions. It is built on the premise that
budgeting is not just a financial plan but also a list of all planned expenses and revenues.
There has been a continuous concern within donor funded organizations of how finances put
aside enough to cater for short term obligations, do not perform to the required expectations
hence continuous employment of audit firms to help solve the issue. This paper argues that
despite this being a good idea, it is not so inclusive. The most affected, the paper argues, are
the employees of such organizations. These employees express their concern aboutpoor
liquidity from their own point of view and suggest that the role of budgeting is important in
attempting to understand finances and cash flow within the organization. The paper contends
that there is need for proper budgeting approach and process in order to provide a stable and
more reasonable liquidity level. This paper more so suggests the proper budgeting approaches
and how they are used to derive maximum financial efficiency and control so as to keep
liquidity at a reasonable level as well as strategies for improved liquidity. Donor funded
organizations shall overcome internal financial instabilities especially low liquidity hence a
smoother flow of finances for better organizational performance. | en_US |
