AAU Steps Forward to Clear Two Decades of Audit Irregularities by Hiwot Birhane In a bid to clear its two decades of audit irregularities, the Addis Ababa University (AAU), the oldest and biggest university in the country, has hired Merit Management Consultancy, a local auditing company, with a cost of 6.3 million Br. This makes the institution the only public university to clear long years of audit adversity. The move came two weeks after the Office of the Auditor General discovered a significant amount of illegitimate transactions in the University in the previous year audit report of the institution. The rationale of the project is to partly or wholly reconstruct the financial accounts of the institution since 1995 – a year when all prior accumulated financial irregularities of government institutions were cancelled. The financial account will be rebuilt by sorting and processing primary documents of the University in line with effective laws and set...