Title page i                                                                                                           

Approval page                                                                    ii                             

Dedication iii                             

Acknowledgement iv                      


1.0       Introduction 1-4                                                                                 

1.1       Statement of research problem                                 4-5                                                                

1.2      Aims and objective of the study 5-6                    

1.3     Statement of Hypothesis                                                 6                               

1.4      Significance of the study                                            6                             

1.5      Scope of the study                                                    7                               

1.6      Organization of the study                                           7-8                           


2.0      Literature Review                                                      9-10                                 

2.1      Meaning of budget                                                     10-11                          

2.2      Budget as a planning tool                                          11                                

2.3       Budget as an instrument for motivation                      12                        

2.4       Budget as an instrument for coordination                    12                    

2.5       Budget as an instrument for communication                13                     

2.6       Budget as a tool for evaluation                                   13                        

2.7       Budgetary planning and control                                  14-16                      

2.8       Type of Budget                                                         16                                        

2.9      Sale Budget 16-17

2.10    Productions cost Budget   17

2.11    Capital expenditure Budget   18

 2.12    Cash Budget   18

2.13     Objective of budgetary control 19-20

2.14      References


3.0       Historical background of the study 21-24

3.2       population of the study     24

3.3       Sample size    25

3.4       Measure of variable 25-26

3.5       Planning and control    26

3.6Statistical tool for debt analysis

3.7 Limitation of the study    26


4.0      Data presentation          27

4.1     Data Analysis 27

4.2     Descriptive Statistics 28

4.3     Inferential Statistics 28-33

4.4     Interpretation of the result 33-37   

4.5     Discussion for the finding 37


5.0 Summary 38-39

5.1 Conclusion 39-42

5.2 Recommendation 42-44

         bibliograehy         45

         Questionnaire         46



Budget is an estimate of probable future income and expenditure, it is mechanism for deciding what will be spent and realized in future. Budget is the expression of management master operating of financing plan that is the formalized outline of company objectives and means of attaining them.

It can be said that budget are formal statement of organization resource set aside for the purpose of carrying out specific function or activities over a given time period. Budgets are useful and form an important part of the planning and controlling process.

Budget also indicates the expenditure revenue and profit planning for a given future time span.

Budgets are usually stated in monetary term, this providing a common ground for a variety of organization activities.

Management can use budget to provide a major area of control and planning.

Budget as various authors describe it. B. B.  Howard and M. Upton in their book define budget as “the formal presentation of the process of planning for future financial requirement to achieve solvency and profitability”.

Also B. Murphy in his book defines budget as plan which is prepared to show how resources will be required and used over a period of time.

A well structural budget must necessarily lead to improve control of a firm. This is possible because the supervisor would have now had on indication of what would be done; also the supervisor with the accountants’ help can be more easily sport that is being ineffectively done. A good technique of control with a budget helps the manager to take decision on the most intricate problem. 

The control process according to John Storey “ Uses arrange of devices, operating activities or procedure and organization structuring in order to assist manager in implementing their organization budget, the purpose of control is to ensure that performation optimized defined organization budget financial budgets represents the firm’s plan for the coming year. Summarized in projected financial statement since budgets are plans, they become the critical by which managerial performance is measured and therefore, the basic for the control system; where as budget have a double role which is plan and performance. 

Generally, they are viewed as synonymous with control and not with planning 

; Moreover, it is their use as control devices that have made budgets. The focus of much criticism by some school of thought which view them as a coercive tool used by top management to enforce its objectives on the participants of the organization. 

According to John Storey, the challenge to management control, 1980 USA page 56. It is obvious that organization operate in a world of uncertainty in which the ability to anticipate and budgeting.

Organizations are adapted to their dynamic environment. It is therefore, the manager lot to participate, manage and forecast their environment plans if they are to be effective, they should display certain characteristics. 

They should be flexible enough to allow for changing condition and provide a basis for coordinated behavior. Every planner must always recognize that the future is uncertain and that budget is an important tool for aiding, to a reasonable degree plan and cents forward the achievement of the organization objective. 


The purpose of this research work is basically on how the hotels especially Kwara Hotel Ltd. Ilorin has been able to discharge its social responsibility to its environment and staffs at large and how his social responsibility has affected the neighboring in terms of good health, creation of scholarship to youth, to mention but a few.

All these tend to raise the return has positive impact on the profitability of the Hotel. This research work is meant to see how budge serves as a tool for effective planning and control so as to maximize its profit.


The following are the aims and objectives of the research work.

1. To help organization in budgeting, so that they can know that budget can be part of planning and also a measure for effective control in the organization.

2. To review the role of financial budget in a cooperative planning and control process by re-examine the relationship between the controller and the controlled.

3. To look at the way budgeting is made as a tool for effective planning and control in kwara hotel limited, Ilorin

4. The write-up is not only to aid the Hotel but also may help other organization to know that budgeting can be used as a means of effective planning and control.


H0:Budget is an effective tool for planning and control.

H1:Budget is not an effective tool for planning and control.


A fundamental importance of the study is to find the most profitable course through which the effort of the organization may be directed in meeting its primary objectives.

This study will assist the management in holding the business as nearly as possible on its chartered course.

Since the organization operates in a dynamic environment, this study will help the managers to participate manage and forecast enable environment which will form the basis upon which are made.


This study will cover all the budgetary control in Kwara Hotel Limited Ilorin. It will also review the budget of various departments in reaching conclusion of its research study.

This write-up will also look at the formulating of the organization budget and emphasize budget as a management used for effective planning and control.


It has already been stated that the purpose of this study is to use budget as a measure for effective planning and control so that organization can achieve. There will be a brief of introduction of the topic in chapter one stating definitions and use of budget for effective planning and control.

This will be followed by a discussion on a conceptual frame of budgeting highlighting some of the popular theories, which will be second chapter.

The third chapter will include the historical background of the Hotel and its organization set up.

Data presentation and analysis about the study will be included in chapter Four.

Chapter five will state the summary, recommendation and conclusion.



Today, the value of budgeting to all business organization regardless of size is so generally recognized that needs little argument to justify its existence.

We live in an age which is market by uncertainly. It is in a setting of this nature that budgeting is of major importance to accomplish organization objectives.

Management need all of the assistance to it in the planning of business operation. 

According to Rufus (1977) , “budgetary control” said budgeting is essentially a process of planning control. 

As well-prepared budget provide management with a planned programmer based upon negotiation, study and research on the part of the entire organization.

In addition, a well prepared budget provides complete control and coordination of the marketing production and financial activities of a business.

Budgeting alone, however does not bring realization of the plans control over operations is necessary in order that deviations from the plans may be kept on budgeting as an instrument of planning of its role auditor who contributed to the study of budgeting as a planning and control of tools will be referred to an reaching the conclusion of this review. As in the book of Rufus Wixion (1977).  



RESEARCHWAP.COM is an online repository for free project topics and research materials, articles and custom writing of research works. We’re an online resource centre that provides a vast database for students to access numerous research project topics and materials. guides and assist Postgraduate, Undergraduate and Final Year Students with well researched and quality project topics, topic ideas, research guides and project materials. We’re reliable and trustworthy, and we really understand what is called “time factor”, that is why we’ve simplified the process so that students can get their research projects ready on time. Our platform provides more educational services, such as hiring a writer, research analysis, and software for computer science research and we also seriously adhere to a timely delivery.


Please feel free to carefully review some written and captured responses from our satisfied clients.

  • "Exceptionally outstanding. Highly recommend for all who wish to have effective and excellent project defence. Easily Accessable, Affordable, Effective and effective."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I saw this website on facebook page and I did not even bother since I was in a hurry to complete my project. But I am totally amazed that when I visited the website and saw the topic I was looking for and I decided to give a try and now I have received it within an hour after ordering the material. Am grateful guys!"

    Hilary Yusuf, United States International University Africa, Nairobi, Kenya.
  • " is a website I recommend to all student and researchers within and outside the country. The web owners are doing great job and I appreciate them for that. Once again, thank you very much "" and God bless you and your business! ."

    Debby Henry George, Massachusetts Institute of Technology (MIT), Cambridge, USA.
  • "I love what you guys are doing, your material guided me well through my research. Thank you for helping me achieve academic success."

    Sampson, University of Nigeria, Nsukka.
  • " is God-sent! I got good grades in my seminar and project with the help of your service, thank you soooooo much."

    Cynthia, Akwa Ibom State University .
  • "Great User Experience, Nice flows and Superb functionalities.The app is indeed a great tech innovation for greasing the wheels of final year, research and other pedagogical related project works. A trial would definitely convince you."

    Lamilare Valentine, Kwame Nkrumah University, Kumasi, Ghana.
  • "Sorry, it was in my spam folder all along, I should have looked it up properly first. Please keep up the good work, your team is quite commited. Am grateful...I will certainly refer my friends too."

    Elizabeth, Obafemi Awolowo University
  • "Am happy the defense went well, thanks to your articles. I may not be able to express how grateful I am for all your assistance, but on my honour, I owe you guys a good number of referrals. Thank you once again."

    Ali Olanrewaju, Lagos State University.
  • "My Dear Researchwap, initially I never believed one can actually do honest business transactions with Nigerians online until i stumbled into your website. You have broken a new legacy of record as far as am concerned. Keep up the good work!"

    Willie Ekereobong, University of Port Harcourt.
  • "WOW, SO IT'S TRUE??!! I can't believe I got this quality work for just 3k...I thought it was scam ooo. I wouldn't mind if it goes for over 5k, its worth it. Thank you!"

    Theressa, Igbinedion University.
  • "I did not see my project topic on your website so I decided to call your customer care number, the attention I got was epic! I got help from the beginning to the end of my project in just 3 days, they even taught me how to defend my project and I got a 'B' at the end. Thank you so much, infact, I owe my graduating well today to you guys...."

    Joseph, Abia state Polytechnic.
  • "My friend told me about ResearchWap website, I doubted her until I saw her receive her full project in less than 15 miniutes, I tried mine too and got it same, right now, am telling everyone in my school about, no one has to suffer any more writing their project. Thank you for making life easy for me and my fellow students... Keep up the good work"

    Christiana, Landmark University .
  • "I wish I knew you guys when I wrote my first degree project, it took so much time and effort then. Now, with just a click of a button, I got my complete project in less than 15 minutes. You guys are too amazing!."

    Musa, Federal University of Technology Minna
  • "I was scared at first when I saw your website but I decided to risk my last 3k and surprisingly I got my complete project in my email box instantly. This is so nice!!!."

    Ali Obafemi, Ibrahim Badamasi Babangida University, Niger State.
  • To contribute to our success story, send us a feedback or please kindly call 2348037664978.
    Then your comment and contact will be published here also with your consent.

    Thank you for choosing