Faculty of business department of accounting an assessment of fixed asset managementin the

3.2. Analysis of Questions Directly Related with the Study
The study used both primary and secondary data. The primary data was obtained by carrying out 
a small survey on 14 staff members who are related with the topic and the data was collected 
through judgmental sampling technique. The source of secondary data have been used in this 
research from the audited financial statement and fixed asset manual of Addis Ababa University 
6 kilo Campus.
Table 3: Description of Application of the Basic Elements of Fixed Asset
Management.
No Description
No of
Percentage
respondents
1
Does AAU have a registration and controlling system of
the fixed assets?
12
85.7
Yes
2
14.3
No
Total
14
100
2
Does the Fixed asset registration book is complete?
Yes
9
64.3
No
5
35.7
24

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Total
14
100
3
Does the application of internal control manual over Fixed
assets?
8
57.2
Yes
6
42.8
No
Total
14
100
Source; Questionnaire
As item 1 of table 3 indicates that 12(85.7%) of respondents claimed that there is a registration 
book and controlling system over fixed assets, while the rest 2(14.3%) pointed out the absence of 
registration book and controlling system. Simultaneously 64.3% of the repliers point toward the 
registration book is complete. Beside of this 35.7% of respondents said it is not. This implies that 
the university has a complete controlling system or book of recording for the fixed assets.
From application of internal control over fixed assets point of view, 57.2% of the employee does 
a manual and pertain properly. Though, 42.8% of the employer didn’t use it properly. Those 
respondents list their problem why they did not use the manual. This implies that the manual is 
not understandable due to lack of training, the manual of the internal control of the organization 
are not matched with the federal finance and economic development manual and no procedure 
for distribution to users.