Every organization has aim and objective to achieve and these aims and objectives cannot be achieved without an effective planning. Planning therefore serves as the fulcrum upon which organization can succeed whether public or private. The researcher undertook this work to the fore the relation between budget processes and Return on Asset. Companies selected for this work are Logs and Lumber Limited, AD Timbers, Wood Pillar Company Limited and Bibiani logs and lumber company to assess the level

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... of planning. Variables used for this work are Budget administration and preparation, budget process and budget target setting were used as an independent variable to assess its effect on Return on Asset. Questionnaire was used to collect the needed data for this project. The sample was made up of 52 respondents from these four companies who are management members. The result indicated that there is a high correlation coefficient (r) was 92.2% between the variables used on Return on Asset. The R 2 was 85% which means that these variables cause an 85% effect on Return of Asset. Therefore for companies to achieve a greater output, its budget process must properly be looked at.