Documentation of the accounting practices of agricultural firms on their agricultural activities to include the local government units, cooperatives, schools, individuals and private entities. Deviations of these practices from the accounting standards prescribed by authoritative accounting bodies shall be noted and analyzed for their practicability, toward the development of appropriate accounting models.

This is a descriptive research which shall make use of documents and observation and from interviews of auditors and personnel involved in the agricultural accounting process. Descriptive method is an organized attempt to analyze, interpret and make a report of the present status of acts or conditions or any other phenomenon for study (Aquino, 1972). From the documents, observation and interviews, the accounting practices shall be deduced particularly on inventory management, the system to generate agricultural accounting information, and the reporting practices for each of the agricultural commodity.

Document analysis particularly the records, reports, and documents shall be used in gathering data of the system that generated reporting information of the firms. Tracing the accounting processes shall be done and documented. Inventory management and practices shall also be observed and drawbacks of the system and practices shall be noted.

An observation checklist was constructed to document the accounting processes, inventory management system and processes, and the reporting practices.

The purposive sampling shall be used. All individuals, private firms, cooperatives, private and government educational institutions, and local government units that have agriculture and agricultural-related activities shall all be included in the study.