ABSTRACT
We live in an age which is full of uncertainty. It is the setting of this nature that planning is of importance in the management of any organization. Due to the pervasiveness and complexity of job, management needs all the assistance available for preparation and implementation. A budget being a quantitative and monetary expression of the plan, serves as one of the tools for planning and control devices. Budget helps to control specific
operation and also helps to prevent waste. It pinpoints the extent or lack of efficiency, in that actual performance will be compared with the budgeted figures at the end of the budget period. To keep track of deviations, report must be monitored periodically so that necessary adjustment would be made. National Commission for Colleges of Education was used as a case study. Using review of the Commission's documents and questions answered by some
key officers in comparison to the literature review, It was found out that the Commission uses incremental budgeting system. This system has helped the Commission to make savings. More so, as the Director and Deputy Director are chartered Accountants who are guarding their profession jealously. This has given room to adequate control measures to be put in place and monitored. The dividend being the secretariat and management quarters at Abuja which the
Commission will soon be going over to occupy.
