To investigate the budgetary control structures in place within the Maritime Warfare School at HMS Collingwood in order to develop recommendations to fully utilize the budget for the Financial Year 2015/16.

Student, A. (2015) To investigate the budgetary control structures in place within the Maritime Warfare School at HMS Collingwood in order to develop recommendations to fully utilize the budget for the Financial Year 2015/16. Undergraduate thesis, University of Chichester.

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Abstract

It is indisputable the paramount significance of the Royal Navy in the protection of the
United Kingdom. Redford and Grove (2014, p.2) wrote “The twentieth century must have
looked like it would be the Navy’s century, as indeed the eighteenth and nineteenth
centuries had been beforehand. Britain was an island; protected by it’s Navy it was
invulnerable to invasion”. Redford and Grove set the scene of their extensively researched
book into the Royal Navy in 1897, days after the Queen Victoria’s Jubilee. One hundred
years proceeded and the umbrella of the Ministry of Defence in which the Royal Navy
wholeheartedly marches under still has the interest of the Great British public in its heart.
The investigation undergoes with the key aim of determining what causes the under spend
of government funding at the Maritime Warfare School year on year.
The rationale of the research was to examine the potential key drivers of the under spend of
the annual budget, to discover the strengths and weaknesses of the current budgetary
control structures and to assess what the cause of the under spend is. In order to achieve
this, all sub delegated budget holders were interviewed by the researcher. The results were
analysed and recommendations were provided to contribute to an improved budgetary
structure.
The findings contribute to an ongoing investigation by the business manager at the Maritime
Warfare School in order to fully utilise the annual budget and avoid an under spend.

Item Type: Thesis (Undergraduate)
Uncontrolled Keywords: Accounting Finance
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
Divisions: Departments > Business School
Undergraduate Dissertations
Depositing User: Steve Bowman
Date Deposited: 29 Jul 2015 11:09
Last Modified: 13 Aug 2015 13:33
URI: http://eprints.chi.ac.uk/id/eprint/1446

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