Abstract: Educational Institutions have an overall goal or vision that they are established to achieve and must ensure that its departments work towards that common goal. Since the performance of the various departments will be interrelated in many ways, each head of department must know not only his/her own role but also how it interacts with the rest of the institution.
A budget was one of the most critical tools of resource management, which ensures rationality in spending of the available yet limited resources. The budgeting process of an institution affects public financial management and it is important therefore that an institution adopt efficient budgeting processes that will be able to provide more accurate results of the institutional financial management.
The research study aimed to evaluate the effects of budget process on public financial management: a survey of public universities in Kenya. The research aimed to identify the stage of budget process and the effects of the budget process on public financial management. The targeted population totalling 328 from Technical university of Mombasa, Pwani University, University of Nairobi and Moi University involved management and parties involved in the budget process. A sample of 30% of each strata population was taken totalling to 99.Data collection was done using questionnaires. This research used descriptive statistics, percentage, mean and standard deviation. The findings from the study drew conclusions that public sectors should consider to use during budge processes to ensure prudent financial management.
Keywords: Effects, Budget, Process, Public, Financial, Management.
Title: Effects of Budget Process on Public Financial Management: A Survey of Public Universities in Kenya
Author: Rita Mongina Monda, Francis Kerongo
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
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