0704-883-0675     |      dataprojectng@gmail.com

AN ASSESSMENT OF REVENUE RECOGNITION CHALLENGES AND SOLUTIONS IN PUBLIC ACCOUNTING

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

AN ASSESSMENT OF REVENUE RECOGNITION CHALLENGES AND SOLUTIONS IN PUBLIC ACCOUNTING

This study aims to: 1) Identify the primary challenges associated with revenue recognition in public accounting, 2) Examine the effectiveness of current solutions and practices in addressing these challenges, and 3) Propose new strategies to improve revenue recognition accuracy. The research design is a survey, chosen for its ability to collect detailed quantitative data from a wide audience. Using Taro Yamane’s formula, the sample size is calculated to be 320, ensuring a 95% confidence level and a 5% margin of error. Abuja is selected as the case study location due to its diverse economic activities and regulatory environment. The reliability coefficient score for the survey is 0.88, demonstrating high reliability. Findings show that common challenges include interpreting complex contracts, timing of revenue recognition, and compliance with evolving standards. Effective solutions identified include adopting advanced accounting software, enhancing staff training, and improving internal controls. The study recommends implementing continuous education programs for accountants and leveraging technology to streamline revenue recognition processes, ensuring compliance and accuracy.





Related Project Materials

IMPACT OF OWNERSHIP STRUCTURE ON THE OBJECTIVITY OF PRIVATE BROADCASTING STATIONS IN NIGERIA

ABSTRACT- The assertion that says he who pays the pipers dictates the tune agreed more with this study because there are lots of g...

Read more
INVESTIGATION OF THE EFFECT OF MOULDING SAND (NATURAL & SYNTHETIC) ON CASTING OF FLANGE USING ALUMINIUM

Read more
CORPORATE GOVERNANCE AND TAX AGGRESSIVENESS IN NON-FINANCIAL QUOTED FIRMS IN NIGERIA

ABSTRACT

Corporate tax aggressiveness is an ongoing practice in several corporations both in Nigeria and globally. The unsettled area in...

Read more
THE IMPACT OF PHYSICAL ACTIVITY ON COGNITIVE DEVELOPMENT AMONG EARLY CHILDHOOD EDUCATION (ECE) LEARNERS

Abstract: This research explores the impact of physical activity on cognitive development among early childh...

Read more
AUTOMATED PRODUCTS DISTRIBUTION MANAGEMENT SYSTEM

Background

Most producers use intermediaries to bring their products to market. They use a set of interdependent organiz...

Read more
IMPACT OF QUALITY ASSURANCE ACTIVITIES ON THE MANAGEMENT OF SECONDARY SCHOOLS IN KADUNA STATE, NIGERIA

ABSTRACT

This study investigated the “Impact of Quality Assurance Activities on the Management of Secondary Schools in Kaduna State...

Read more
ATTITUDE OF BUSINESS EDUCATION TEACHERS TOWARDS TECHING

Abstract

The primary objective of this study was to assess and describes the attitude of business education student&...

Read more
AN EVALUATION OF NON-TIMBER FOREST PRODUCTS AND THEIR IMPACT ON RURAL HOUSEHOLD INCOME

Background of Study

Forests produce a variety of items for domestic and industrial usage (Appiah 2009)....

Read more
THE EFFECT OF PRIVATIZATION AND COMMERCIALIZATION OF GOVERNMENT OWNED INDUSTRIES IN DEVELOPING ECONOMY

BACKGROUND OF THE STUDY

Today, we are witnesses to sweeping changes that are taking place in the economies of both developed and developi...

Read more
FABRICATION OF DYE-SENSITIZED SOLAR CELL USING NATURAL DYES FROM Lawsonia inermis (HENNA), Mangifera indica (MANGO), AND Terminalia catappa (TROPICAL ALMOND) LEAVES WITH POLYANILINE/GRAPHITE AS A COUNTER ELECTRODE

ABSTRACT

This study used natural extracts from Lawsonia inermis L. (Henna), Terminalia catappa L. (Tropical Almond), and Mangifera indica...

Read more
Share this page with your friends




whatsapp