CAPITAL BUDGETING IN A PRIVATE SECTOR (A CASE STUDY OF NIGERIAN BREWERIES)

 INTRODUCTION  Every business firm normally will like to know how it performed over a period of times, thus leading to the preparation of profit and loss statement. They also ask about their position at a particular point in time which leads them to prepare balance sheet. Finally, they will like to know where they are heading, which has led to the preparation of budgets.  Budget is term used locally by a lay man. Lay man confuse budgeting with planning. A budget is part of a plan. A plan can be expressed in monetary and non-monetary term. Any plan that is qualified in monetary term is a budget. A budget, therefore, can be succulently defined as a statement of intention qualified in monetary term.  In budgeting there are types of budget prepared by firms. Such budgets includes capital budgets, cash budgets, sales budget and so on.       The process of preparing capital budget is called capital budgeting. Capital budgets are long term budgets made for acquisition and expansion of fixed assets. Capital budgets are prepared by many films today. It was originated in the United States of America (USA). In America it was applied by firms before the second world war.  After the second world war many firms saw the need to plan for capital expenditure, hence it is prevalence today.     Nigerian breweries limited, Monarch larger beer and other beverages, are not left out in the train of firms which prepare budgets for its capital expenditure. this is, however, not easy as it is fraught with a lot of problems. 
TABLE OF CONTENTSTitle Page IICertification IIIDedication IVPreface VIAcknowledgement VIITable of contents IX
CHAPTER ONE Introduction 1.1Problem statement 21.2Hypothesis 61.3Limitations of study 81.4Significance of study 91.5Definition of terms 12
CHAPTER TWO Literature review 2.1Ranking investment proposal 142.2Post auditing of the investment decision 172.3Analysis of capital projects 192.4Capital rationing 35
CHAPTER THREE Research methodology and designation 3.1Sources of data  55
CHAPTER FOUR Case study and analysis of data and presentation 4.1Profile of Diamond breweries limited 614.2Organisational structure with special –
CHAPTER FIVE Summary of findings, recommendation and conclusion 5.1Summary of findings 755.2Recommendations   785.3Conclusion 80BIBLIOGRAPHY81INTERVIEW QUESTIONS83 APPENDIX