BUDGETARY CONTROL SYSTEM

PROJECT REPORT

ON

BUDGETARY CONTROL SYSTEM

(SHREE RENUKA SUGARS LTD)

Submitted to Jawaharlal Nehru Technological University, HyderabadIn

partial fulfillment of Main project for the award of the degree of

MASTER OF BUSINESS ADMINISTRATION(MBA)

Submitted by

Ms. GURRAM KALPASRI

H.T.No :21B41E0025

Under the guidance of

Dr. M.SUDHAKAR

(PROFESSOR)

Head Of Department

DEPARTMENT OF BUSINESS MANAGEMENT

KSHATRIYA COLLEGE OF ENGINEERING

(Approved by AICTE, New Delhi and Affiliated to JNTU Hyderabad)

2023

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CHAPTER 1

INTRODUCTION

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BUDGETARY CONTROL SYSTEM

INTRODUCTION:
As the budget is playing an important role in any organization which asses
the actual performance with the budgeted performance .The concept of the
Budgeted and way of adaptability, which creates new challenges to industrial
sector for surviving in this current competitive edge. It indicates the progress
of the concern by way of its sales or profit, market shares, process of the
concern etc, all these made me to select the project topic as” Budgetary Control
system”. As budgetary control helps to understand goal of the concern whether it
may be short or long term goal.

DEFINATION OF BUDGETARY CONTROL SYSTEM:

OBJECTIVES OF THE STUDY:

 To study the existing methods & practices by budgetary control at Shree
Renuka Sugars Ltd.
 To find out any loopholes in the budgetary control system.
 To suggests the methods to minimize the working system or burden at
budgetary control
SCOPE OF THE STUDY:
The scope of the study is restricted only to the costing department and its
functions and the concerned departments i.e. production dept, finance dept etc.
The scope is to study and understand objective of budgetary control system
and different functional budgets, technique used to make budget more effective.
So the study is the concerned with the costing department.

RESEARCH METHODOLOGY:
PRIMARY SOURCE:
The information of the budgetary control where obtained from
 Departmental heads.
 Discussion with manager of costing.
 Budgetary control statement

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SECONDARY SOURCE:
This type means secondary dates are collected from
 Office records
 Files & manual
 Website of the Shree Renuka Sugars Ltd.

LIMITATIONS:
Considering the scope mentioned above, some or few limitations are
arising i.e. the Shree Renuka Sugars Ltd is big organization. This finance &
accounts is also big departments. But due to shortage of training period, I
am concentrating only on the budgetary control of costing departments.

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