ASSETS VALUATION FOR RESEARCH AND DEVELOPMENT
By
OFILI DORIS .T AC/N2002/304
Presented To
Department of Accountancy
ABSTRACT
One of the primary assets valuations for research and development is to Provide data on how to recognized long lived assets and distinguished Between the two different types tangible and intangible and to control Internal control over research and development cost and is of interest to
Various groups eg government sector, private sector etc.
Chapter one contains the systematic staduceg of existing work that are
relevant to the research. It also contains the definition of terms used by the
research in the research work.
TABLE OF CONTENTS
Title page i
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of contents
CHAPTER ONE
1.0 Introduction 1
1.1 statement of the problem 3
1.2 Objective of the study 4
1.3 Significance of the study 5
1.4 Scope and limitation of the study 6
CHAPTER TWO
2.0 Overview of asset valuation for
research and development account 7
2.1 financing research and
development activities 7
2.2 Depreciation 11
2.3 Methods of depreciation 14
2.4 The research and development process 19
CHAPTER THREE
3.0 Summary 22
3.1 Recommendation 23
3.2 Conclusion 26
Reference 27