A.

Budgeting and Business Intelligence – a qualitative study about budgeting and Business
Intelligence in relation to the ongoing budget debate (Jenny Jonsson and Sandra Akerlund)

Abstract: The world we are living in is becoming more and more globalized.
Organizations are competing worldwide and in order to be part of the
development, it is crucial for organizations to respond to the changes. At the
same time, there is a debate about the relevance of the budget which has
created an intense discussion on budgeting. Critics mean that the budget is an
outdated means of control that consumes a considerable amount of resources
and time from organizations. There are also those who suggest that the budget
is no problem, but that the use of budgets is the determining factor in
whether or not the budget is useful for organizations. This thesis aims to
investigate if Information Technology, more specifically Business
Intelligence has had any effects on budgeting in organizations. Business
Intelligence is a decision support system that can help organizations manage
their data and improve the decision making. The purpose is to give another
perspective on the budget debate by examining if it is possible that Business
Intelligence has had any effects on the budgeting process, and if Business
Intelligence is a contributing reason to why organizations have not abandoned
their budget.

B. Budgeting as a tool for enhancing financial management in local government authorities

(Dr. David Ackah)
Abstract: MMDAs as development partners to the central government need to mobilize
enough revenue locally to support the central government development agenda. Inadequate
financial resources can undermine the effective implementation of developmental projects
in MMDAs. Budgets are important as they prudently manage scarce financial resources
and at the same time serve as a means of expenditure authorization, control and evaluation
base. MMDAs in Ghana, prepare budgets but deal with it in lesser extent, unlike the profit-
making organizations which consider budget and budgetary controls important element in
their policies. It is against this background that this study was carried out to find ways by
which MMDAS especially AEDA can use budgeting and budgetary controls as
management tools to prudently enhance their financial management system for local
development. The case study approach was used in the study. Interviews and
questionnaires were used to solicit data for the study.

The research found out among other things that MMDAs prepare budgets and control the
budgets. The research data evidently prove that in the case of Ada East District Assembly,
this is true. However, poor budget formulation and implementation and low revenue
generation base make it difficult for MMDAs to live up to their responsibility as partners
to the central government in national development. Recommendations and suggestions
have accordingly been made to improve upon budgeting and budgetary controls in
MMDAs and the nation.
 Key Word: “Budgeting as A Tool for Enhancing Financial Management In Local
Government Authorities

C. Budget Monitoring App (Cedric Eduard Calapatia)

Abstract: The purpose of the Capstone Project is to demonstrate the proponents’

competence in investigating a research topic and reporting the findings with full
documentation, and complete tabular presentation in a manner that can be understood by
bothan individual knowledgeable in the topic, and an individual whose advanced training
is in another discipline.Modern life offers a lot of option of services and goods for
consumers. Thus, compared to a decade ago, people’s expenses are dramatically increasing
day by day. Is such, the task of keeping track of one’s expenditures has become essential
in setting up a proper budget for days to come.

D. Monitoring System (Sheryl Fernando)

Abstract: According to Fernando, a company must have a proper management, effective
marketing strategy and most especially a monitoring system. The main aim and goal of this
business is to serve and earn profit from the large number of students which are studying
near the place and for those who are living in dormitories. The system was developed for
the business owners have an idea on how to manage their company’s profit for them to
track down for the operation of the business.