PUBLIC ACCOUNTING IN THE HEALTHCARE INDUSTRY: CHALLENGES AND OPPORTUNITIES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT: PUBLIC ACCOUNTING IN THE HEALTHCARE INDUSTRY: CHALLENGES AND OPPORTUNITIES
The objective of this study is to: 1) Identify the primary challenges faced by public accountants in the healthcare industry, 2) Explore opportunities for improving financial reporting and compliance within healthcare organizations, and 3) Assess the impact of regulatory changes on public accounting practices in healthcare. The research design employed is a survey, which is justified by its ability to gather comprehensive quantitative data from a large sample, providing insights into prevalent issues and opportunities within the industry. The sample size, derived using Taro Yamane's formula, is set at 400 respondents, ensuring a 95% confidence level and a margin of error of 5%. The most suitable case study is Lagos, given its dense population and the presence of numerous healthcare institutions. The reliability coefficient score for the survey instrument is 0.85, indicating high reliability. The findings reveal that the primary challenges include regulatory compliance, complex billing systems, and the integration of financial and clinical data. However, significant opportunities exist in adopting advanced accounting software, enhancing staff training, and leveraging data analytics for better decision-making. The study recommends that healthcare organizations invest in robust financial management systems and continuous professional development for their accounting staff to navigate the complex regulatory environment and capitalize on emerging opportunities.
Related Project Materials
A CRITICAL DISCOURSE ANALYSIS OF IDEOLOGY AND MEANING IN SELECTED NOVELS OF CHINUA ACHEBE
ABSTRACT
Most previous studies on Chinua Achebe‟s novels have largely concentrated on thematic preoccupations, especially inter-cultural...
EFFECTS OF TRANSACTIONAL ANALYSIS AND SELF-EFFICACY STRATEGIES ON EMOTIONAL LABOUR OF NURSES IN ILORIN, KWARA STATE, NIGERIA
ABSTRACT
Some nurses have been perceived to have poor interpersonal relationships with patients. This, could affect their productivity an...
STRATEGIES FOR IMPROVING WORKERS MORALE AND PRODUCTIVITY IN AN ORGANIZATION
ABSTRACT
Improving workers morale and productivity. It is very pertinent to improve the workers morale...
THE IMPACT OF IMPROVED INFRASTRUCTURE AND EFFICIENT CARGO DELIVERY IN NIGERIA PORT USING CALABAR PORT COMPLEX AS A CASE STUDY
Abstract
This report examines the impact of improved infrastructure and efficient Cargo Delivery in Nigeria Port (A case...
THE IMPACT AND ROLE OF ENTREPRENEURSHIP ON THE ECONOMIC GROWTH OF NIGERIA
ABSTRACT
Generally this study seeks to explore the role of entrepreneurship growth in Nigeria Economy,...
ROLE OF FEMALE JOURNALISTS ON NIGERIAN BROADCAST MEDIA
Abstract
The research examined the “role of female journalists on Nigerian broadcast media (A case study of BCOS...
CAUSES AND CONSEQUENCES OF PRE-MARITAL SEX AMONG SECONDARY SCHOOL STUDENTS IN NSUKKA LOCAL GOVERNMENT AREA
BACKGROUND OF THE STUDY
Sex is a term that is universally used so you would expect a good amount...
ENHANCING VOCATIONAL EDUCATION THROUGH THE USE OF AUGMENTED REALITY
ABSTRACT: The impact of blockchain technology on vocational education credentials is pivotal in enhancing the credibility, security, and acces...
IMPACT OF SEXUALITY EDUCATION IN REDUCING UNPROTECTED INTERCOURSE AMONG ADOLESCENTS
ABSTRACT
With the achievement of puberty, the adolescent becomes sexually active and competent. This maturity invo...
THE EFFECTS OF CREDIT MANAGEMENT ON PROFITABILITY OF BANKS IN NIGERIA
ABSTRACT
This research work is determine, “The effect of credit management on profitability of Bank in Nigeria...
