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EVALUATION OF EXPENDITURE CONTROL IN GOVERNMENT ADMINISTRATION

1-5 Chapters
Simple Percentage
NGN 4000

ABSTRACT: The researcher focused on some of the spending control approaches that are and may be used in government. Taking into account the hurdles and their degree of efficacy, focus is placed on the strategies that are currently in use. Interviews, questionnaires, and financial rules were used to collect data for the study. In the data analysis, percentages were utilized. The research findings are shows that budgeting, expenditure control, and audits are routinely utilized by the government to reduce expenditures. However, cost benefits, analysis, and management audits that may be employed are not in use. Also, the budgeting review approach most commonly used for reviewing budgeting projections is variance analysis. The effectiveness of each of these strategies is hampered by implementation challenges. Furthermore, the government specifies the objectives to be attained with a specific budget. As a result, it is critical to keep spending under control in order to serve the permitted aims. Spending restrictions can be either beneficial or negative. Expenditure restrictions primarily reflect a political and administrative managerial process. The sort of spending controls used and their efficiency are determined by the government parastatals' external and expenditure environments.