. The talk was one of the agendas of ARI's monthly meeting which was held yesterday. Participants were told of the "do's" and "dont's" in research financing. One very common mistake that researchers often do is to obtain "advances" to pay for "past expenses". As the name "advances" implicates, the money are meant to be used for future or forthcoming expenses and researchers must make their respective reconciliation within a period of two months...
Sunday, February 20, 2011
Understanding Financial Procedures
In view of the many small problems or "hick ups" often faced by ARI researchers in managing their research budget, ARI invited a Senior Assistant Bursar, Ms Rosnani Razak to give a briefing on financial procedures to all ARI members and research assistants. 
. The talk was one of the agendas of ARI's monthly meeting which was held yesterday. Participants were told of the "do's" and "dont's" in research financing. One very common mistake that researchers often do is to obtain "advances" to pay for "past expenses". As the name "advances" implicates, the money are meant to be used for future or forthcoming expenses and researchers must make their respective reconciliation within a period of two months...
. The talk was one of the agendas of ARI's monthly meeting which was held yesterday. Participants were told of the "do's" and "dont's" in research financing. One very common mistake that researchers often do is to obtain "advances" to pay for "past expenses". As the name "advances" implicates, the money are meant to be used for future or forthcoming expenses and researchers must make their respective reconciliation within a period of two months...
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