THE CHALLENGES OF ACCOUNTING FOR FINANCIAL INSTRUMENTS IN PUBLIC ACCOUNTING
The study's objectives are to: 1) Identify the challenges faced by public accountants in accounting for financial instruments, 2) Evaluate the effectiveness of current methodologies in addressing these challenges, and 3) Propose solutions to improve accuracy and compliance. The research utilizes a survey design to gather quantitative data from a broad sample of public accountants. The sample size is set at 330, calculated using Taro Yamane’s formula, providing a 95% confidence level and a 5% margin of error. Lagos is selected as the case study due to its significant financial market activities. The survey's reliability coefficient score is 0.87, indicating high reliability. Findings indicate that the primary challenges include valuation complexities, compliance with evolving standards, and risk assessment. Effective methodologies identified include the use of advanced financial modeling tools and continuous professional development. The study recommends regular training programs and the adoption of standardized valuation techniques to enhance accuracy and compliance in accounting for financial instruments.
ABSTRACT
Owing to the declining productivity of the teaching workforce in our educational system occasi...
ABSTRACT
Airline Reservation Systems (ARS) used to be standalone systems. Each airline had its own system, disconnected from other airlin...
ABSTRACT: This study examined the Role of Early Childhood Education in Promoting Cultural Integration. The o...
Background of the Study
The number of people with high blood pressure is in the increase and research has shown that thi...
ABSTRACT
This study assessed the methods that the design team members use to manage the information tha...
THE IMPACT OF MOBILE TECHNOLOGIES ON INFORMATION SYSTEMS
Abstract: This study aimed to assess the...
ABSTRACT
This study titled “Politics of Poverty Reduction in Nigeria” A study of the activi...
ABSTRACT
This study was carried out on examine students' attitude and performance in teaching and learning of...
EXCERPT FROM THE STUDY
With the advent of social media, it is rare for an event to happen without being unveiled or exposed through socia...
ABSTRACT
Power system network is designed to operate in a prescribed voltage and frequency for stability and for better power quality. Un...