A Project on Addis Ababa University Budget System A case study on Technology Faculty North CamJlusl
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Date
2006-08
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A.A.U
Abstract
The study was conducted to describe how Addis Ababa University prepare and administer recurrent budget (The Case Study Of Technology Faculty North Campus Budget System). While budgets are a useful management tool, they must be applied correctly for management to reap the greatest benefit. Certainly, budgets are not a substitute for skilled management, and it must be remembered that they depict only a series of estimates, which appear to represent good means of measurement at the time the budget is established. Nevertheless, in the budget system of AAU there is discrepancy
between policy and reality since sound policy decision-making and proper budgeting are not implemented well. Spending units do not have work plan and program priority for their budget request at all. Their expenditure plan is merely copy of previous year and no reasonable justification. Thus the approved budget is insufficient and there is high volume of budget transfer within the budget line. Due to lack of coordination and transparence
among the various units results a rush to expend all the available money in the month of Sene and there is commonly inferior, defective and obsolete items are procured in the faculty. In general this all is the result of mismanagement of limited resource . .. The study is descriptive type and includes in-depth interviews that were conducted with department heads and budget center heads to collect the required data. Besides the AAU financial policy and procedures are included. Out of an over all analysis of the responses, it can be said that the management and spending unit's emphasis toward reCUlTent budget is still quiet low and it lacks openness and coordination. Thus, further consolidation of the financial management
system based on strict and accurate rules of high transparency and responsibility is fundamental. This might not always work for every ones satisfaction.
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Mba Program
Keywords
Faculty North camJlusl