Revenue and Cost Recognition

Revenue and costs must be recognized as they are earned or incurred, not as money is received or paid. They must be matched with one another so far as their relationship can be established or justifiably assumed, and dealt with Read More …

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Research Methods

Research Methods Topic Selection The term “topic” refers to subject, issue or area under discussion. The topic (subject) one selects to research is essential in the success of the research project. This is mainly because one’s interest in the topic Read More …

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FORMS OF QUALITATIVE RESEARCH

RESEARCH METHODS FORMS OF QUALITATIVE RESEARCH Qualitative research include the following: Ethnographies, which are observations of groups. Phenomenological studies which study subjects over a period of time through developing relationships with them and reporting findings based on research experiences. Case Read More …

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Disposals of Assets

A firm may dispose off its non-current assets in the following 3 ways: Selling the asset.  Asset being written-off from damage/accident/theft. Asset is scrapped/not used anymore. When an asset is disposed and is no longer used by the firm, the Read More …

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Research methods

Research methods PRELIMINARIES Proposal and thesis writing are areas of research that have caused a lot of challenges to scholars and rise archers. These challenges are at times caused by the researcher’s inability to clearly define what is expected in Read More …

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Methods of Calculating Depreciation

These are the methods developed to assist in estimating the amount of depreciation to be charged in the profit and loss account as an expense. The methods chosen by a firm should be in accordance with the agreed accounting practice, Read More …

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