| Abstract: | This study evaluates budgeting for training and performance evaluation. (The case of Ethio Telecom head quarter finance division). It studies to identify the fundamental causes of management of budget and control or monitoring weaknesses observed in the division. It investigates budgeting practice, the performance assessment, the budgeting process techniques to be apply and the capability and experience of employees. The study adopts a combination of questionnaire & interview to achieve the research goal and to respond research questions. It specifically used questionnaire and in-depth interview. The study also employs a descriptive analysis of the data. The questionnaires designed to be filled by budget section, technical, commercial and support divisions staffs including accountants, account specialists & supervisors, who are under budget holder divisions staffs. In addition, individual interview was made with budget manager of the organization and other managers selected from support and commercial divisions. With these research methods the findings conclusively indicates that though the budget preparation method or approach in the organization is bottom-up (i.e. from lower level manager/staff to top/higher level manager) and managers in lower level has been preparing their budget at the early stage; including the final budget approval most of the budgeting activities: consideration of strategic plan in annual budget preparation, participation of lower level managers/staffs in budget preparation, budget utilization, investigation of factors leading budget variance and budget reporting method has a problem. In the end, the study suggests and forwards the possible actions or measures to be taken by the organization to mitigate problems in budgeting for training and performance evaluation of the division and in the budget holders of the organization then. |
