Department of Accounting and Finance

Permanent URI for this college

http://etd.aau.edu.et/handle/123456789/2

Browse

Browsing Department of Accounting and Finance by Author "A. Wollela"

Now showing 1 - 2 of 2
  • No Thumbnail Available
    Item
    Foreign Currency Shortage in Ethiopia and its Implications for Imports
    (A.A.U, 2021-03) Tesfaye Yordanos; A. Wollela
    This thesis aims to investigate foreign currency shortage and its implication to the import sector. Specifically, the thesis examines the impact of foreign currency reserve, inflation, depreciation in the value of US dollar, Gross Domestic Product, Remittance and foreign debt on import. The study is conducted using a mixed research approach. The Quantitative data were collected from 34 years of import and export data from the National Bank of Ethiopia, World Bank, and Ministry of Revenues on the other hand the qualitative data is collected from the interview of the importers and higher officials of sixteen private commercial bank. Generally, the regression results of both long-run models mostly suggest that the fluctuations of real exchange rates are predominantly responses to monetary policy shocks rather than fiscal policy shocks. Furthermore, the result from the interview showed that there is an acute shortage of foreign currency caused mainly by the slow growth of the export as compared to imports of the country followed by brisk expansion of black-market foreign exchange, low flow of remittances via the formal market, increase in government imports in line with the huge infrastructure projects being undertakings. Based on the result of the study, enhancing the export and remittance, parallel support for the manufacturing sector producing export and import substitute items, and minimize black market foreign exchange are among the recommendation by the researcher
  • No Thumbnail Available
    Item
    Implementation of Office of Federal Auditor General Recommendations in Ethiopia: Factors for Recurring Financial Irregularities
    (A.A.U, 2021-01) Semagne Amlake; A. Wollela
    The purpose of this thesis is to assess if the repeated financial irregularities of public Offices in Ethiopia in implementing recommendations by the Office of the Auditor General is caused by the nature of audit recommendation, lack of follow up and corrective measures, financial and human resource constraints, the nature of office, and other factors. The study covers the Ethiopian Geological Surve, Federal Police, and Minister of Foreign Affairs. The study employs exploratory mixed methods research approach. Under the qualitative aspect, five in-depth interviews were conducted in three offices subjected to this study; documentary analyses were also conducted. The quantitative aspect employed survey design. Survey participants were selected using purposive sampling technique and covered all heads and employees of the department of finance, and internal audit of the Ethiopian Geological Survey, Ministry of Foreign Affairs, and the Federal Police. A Survey self -administered method was employed and the response rate was 83.6 %. The main findings show that follow-up and corrective measures; financial and human resource constraints; and the nature of office, are found to be the major factors for the financial irregularities in implementing audit recommendations. It is recommended that merit- based assignment of top management with proper knowledge and skills could solve the problems that emanate from the problems associated with follow-up and corrective measures. To solve the problems arising from financial and human constraints, the government is recommended to work towards mitigating the turnover of experienced top management and employees by narrowing the salary and allowances gaps, as much as possible, among public institutions and other private employers. With regard to solving problems related to the nature of office, the government is recommended to modernize its document management system in a way that simplifies to trace any necessary documents when requested