SYNOPISIS

INTRODUCTION

Budgetary control is the important .aspect for industry development because budgets provide
yard stick against which the .actual performance is measured. It always helps to the top
management to take the appropriate decision to motivate and directing their personnel
towards well set plans and policies of the company.

Budgetary control is a most powerful. tool to the management for performing its function i.e.
formulating plans, coordinating .activities and controlling operations etc , effectively as well
as effectively.

Now a day, the number .of companies are compete with each other for the survival in the
present market. Whether it may be other sugars industries ,but no one company can commit
without proper planning. So the Cost-Budgetary control may help them to make proper
decision in the number of. various fields.

Budgetary control is applied. to a system of management & accounting control by which all
operations & output are forecasted. as for ahead as possible. And actual results are known
that are compared without budget estimates.

The budgetary system integrates key .managerial functions as it links top management’s
planning function with the control function performed at all the levels in the managerial
hierarchy. A more accurate budget can. be developed for those activates where direct
relationship exists between inputs & outputs. These input, output are base for developing
budgets & exercising control.

PROBLEM STATEMENT :

A Study on Budget and Budgetary Control with Reference to Mangalore Chemical fertilizer
ltd.

LITERATURE REVIEW

Article : TH ROLE OF BUDGETARY CONTROL ON MANEGIRIAL PERFORMANCE

IN FERTILIZER COMPANYS IN INDONESIA

The main aim of the study is to investigate the influence of the budgetary control on
managerial performance of.fertilizerl company in Indonesia with the characteristics of
budgetary goal and knowledgel of cost management as moderating variables. This study uses
144 samples of respondents from middle to upper level managers in the fertilizer industry, i.e.
subsidiaries of Pupuk Indonesia. Data. collection is carried out by utilizing survey
questionnaires. Data analysis is lperformed using Moderating Regression Analysis
(MRA).The result shows that budgetary control, characteristics of budgetary goal and
knowledge of cost management influence managerial performance. Furthermore,
characteristics of budgetary goal and knowledge of cost.management was found to moderate
the influence of budgetary control on managerial performance.
Article : BUDGETING AND BUDGETARY CONTROLE IN MANUFACTURING
SECTOR OF NIGERIA

This study considers how budget and budgetary control can impact on the performance of the
selected