ABSTRACT
Planning and control have become part and parcel of our daily lives. We may no like it and we may even recent to when it is imposed but we have come to realize that it is an essential factor in nation, business and private live. This project financial planning and control. a key to management efficiency aims at finding how our financial planning and control has helped the management of large scale organization to achieve their objectives effectively and efficiently.
Moreover, the project also delved into the consequences of the present economic recession in Nigeria on financial planning and control of many industries, Nigerian Breweries Plc vis-a vis other industries in Nigeria was discovered to be having problems like those of finance, raw materials ,spare parts, foreign exchange etc.
The project also covered the prudence of financial manager under this economic recession and to carry out the activities of their financial planning.
TABLE OF CONTENT
Title page …………………………………………………………………...i
Approval page……………………………………………………………...ii
Dedication …………………………………………………………………iii
Acknowledgement ………………………………………………………..iv
Abstract …………………………………………………………………….v
Table of content …………………………………………………………..vi
CHAPTER ONE – INTRODUCTION
1.1Background of the study …………………………………………..1
1.2Statement of problems ……………………………………………5
1.3Objectives of the Study…………………………………………….5
1.4Research questions ………………………………………………..6
1.5Statement of Hypothesis ………………………………………….6
1.6Scope of the study …………………………………………………7
1.7Significance of the study …………………………………………..7
1.8Limitation of the study ……………………………………………..8
1.9Definition of terms ………………………………………………….9
References ………………………………………………………..12
CHAPTER TWO - REVIEW OF RELATED LITERATURE
2.1Review of the Nigerian economy ……………………………….13
2.2Empirical Review of related Literature ………………………...16
2.3Theoretical Review of Related Literature ………………………20
2.4Financial Planning ………………………………………………..20
2.5Planning and control………………………………………………24
2.6Financial planning and control …………………………………..30
2.7Financial Methods use in Nigeria ……………………………….32
2.8Uses of Financial Planning ………………………………………33
2.9Forms of Financial control ……………………………………....36
2.9.1Factors to be considered when planning and tools of financial management ……………………………………………………..41
References ………………………………………………………..45
CHAPTER THREE -RESEARCH DESIGN AND METHODS
3.1Research Design …………………………………………………47
3.2Area of study ……………………………………………………..47
3.3Population of study ……………………………………………....47
3.4Source of data ……………………………………………………48
3.5Sampling Method…………………………………………………48
3.6Research Instrument …………………………………………….48
3.7Validity and Reliability of research Instrument ………………..49
3.8Methods of investigation ………………………………..……….50
References …………………………………………………..……51
CHAPTER FOUR - PRESENTATION AND ANALYSIS OF DATA
4.1Presentation and Analysis of Result…………………………….52
4.2Test of Hypothesis ………………………………………………..71
CHAPTER FIVE - SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATION
5.1Findings …………………………………………………………....78
5.2Conclusion ………………………………………………………...82
5.3Recommendation …………………………………………………83
Bibliography………………………………………………………..86
Appendix …………………………………………………………..88