Abstract
The study was conducted
in Addis Ababa University, 6 Kilo campus, Addis Ababa,
Ethiopia
from February 19, 2014 to May 19 to assess the practice of fixed asset management of the
organization. Descriptive type of the study method was employees through collection of data by
judgmental sampling from the employers of the organization. A total of 14 employers (3 fixed
asset managers, 3 store
and fixed asset store units, 3 store and supply units, 3 internal audit
service unit, and 2 finance officers) were involved in the study as a respondent. From the total of
14 respondents, 10(85.7%) convinced that the university is applying the basic elements of fixed
asset management policies.
Similarly, out of the total employers who fill the questionnaire,
10(71.4%) respondents reflected that the fixed asset management department is doing its
responsibilities. Among the 14
employers, 9(73.5%) respondents indicated that the institute is
disposing retired asset as per the legislation. Finally, those 9(64.2%) employers out of the total
population clarified that the organization maintenance department is performing its duty. As the
result indicated that the practice of fixed assets management in Addis Ababa University, 6 kilo
campus is in a good condition even if there are some problems in the department of the fixed
assets management. Therefore, series decision are required to observe and identify those
problems and appropriate measures should be taken to reduce maintenance cost and extending
the retirement time of assets in order to attain the future plan and goal of the organization.
Key words
:-
Addis Ababa University, Fixed Asset Management, 6 Kilo Campus
Vii
DECLARATION
We, undersigned, declare that this senior essay is our original work, prepared under the guidance
of Getahun, G. All sources of materials used for the manuscript have been duly acknowledged.
Name: Addisalem Assefa
S ignature:_______________________
Name:
Lidiya Tezera
S ignature:________________________
Name: Worknesh Bawe
S ignature________________________
Place of Submission__________________
Date of Submission
