THE ACCOUNTANT

When your child falls ill in school… By Harold Ayodo When a student becomes ill or suffers an injury, which between the parent and school is responsible for ensuring they get proper treatment and pays medical bill? Even though all students get sick at some point, few parents and guardians give much thought to whether their children can access quality medical care, especially during an emergency, in school. Some realise they should have been more concerned about their child’s medical welfare when it is too late. This was true in the case of Mrs Karin Rapp, the programme director of the Youth Sponsorship Programme , an organisation that offers bursaries and support to needy, bright students in public secondary schools . She was confident that the medical needs of the students were covered by medical fees, one of the items in tuition fees. Besides, the Government allocates Sh300 to every student for medical costs through the subsidised secondary education programme. Man...

The effects of the media on the youth Media   commonly known as the fourth estate has to be one of the most influencial factors in todays world and it’s the youth who are mostly affected by it.often our our tv programs,music and video games have exposed them to various thin One of the positive impact of the media on the youth is that it exposes the youth to information.the young people are made aware of the going ons in their surroundings and through this they get to know of the going on and stay abrest of the current news Behaviour change is another of the impacts of the media on the youths,i.e, through what one see’s on the tv and what they read on the print media,the youth are able to be educated on the effects of certain behaviours that are not   acceptable and that shouldn’t be practised in the civilised world e.g through the violent portrayal of the post election violence and through the subsequent condemnation and after seeing the damage that   ...

Tools and Techniques of Financial Statement Analysis: Following are the most important tools and techniques of financial statement analysis: Horizontal and Vertical Analysis Ratios Analysis 1. Horizontal and Vertical Analysis : Horizontal Analysis or Trend Analysis : Comparison of two or more year's financial data is known as horizontal analysis , or trend analysis. Horizontal analysis is facilitated by showing changes between years in both dollar and percentage form. Horizontal analysis is facilitated by showing changes between years in both dollar and percentage form as has been done in the example below. Showing changes in dollar form helps the analyst focus on key factors t hat have affected profitability or financial position. Observe in the example that sales for 2002 were up $4 million over 2001, but that this increase in sales was more than negated by a $4.5million increase in cost of goods sold. Showing changes between years in perce...