Financial Sources Budget Distribution Utilizations and Practices of Ethiopian World Taekwondo Federation
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Date
2021-06-02
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Addis Ababa University
Abstract
The purpose of this study was to investigate on the financial sources, budget distribution, utilizations and practices of Ethiopian World Taekwondo federation /EWTF/. The research was conducted with the general objectives of examining the financial sources, budget distribution, utilizations and practices Therefore, in order to conduct the necessary study; the researcher has purposively used mixed research approach which includes both qualitative and quantitative. The researcher used 36 questionnaires paper with 30 questions to fill the closed and open ended questions. And five purposively selected staffs from the federation were interviewed for the purpose of collecting the necessary data. The data collected from the respondents were analyzed using SPSS 22 using the frequency and SD indicates that the annual plan. The findings of the study indicated the federation has good experiences and relations with the departments and regional federations however it has limitations due to shortage of budget and less sources of income generations. Thus it is recommended that in order to advance budget management process the management of the EWTF should make itself ready to prepare annual plan and budget depending on scientific ways and make proper assessment of extra concentration on one group of programs.
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Keywords
Budget, Finance Management, Practices, Utilization