ABSTRACT
One of the primary in strive of assets valuation for research and development is to provide data on how to recognize long lived assets and distinguish between the two different types, tangible between the two different types, tangible and intangible and to control to use for internal control over research and development cost, those are of interest to various groups e.g. government sector, private sector e.t.c.
Chapter one and two contains the introductory and literature review relevant to the research while chapter three is the conclusion and also the definition of terms used by the researcher in the research work.
