THE CHALLENGES ASSOCIATED WITH FIDUCIARY ACCOUNTING FOR TRUSTS AND ESTATES
ABSTRACT
This research assesses the challenges associated with fiduciary accounting for trusts and estates, focusing on regulatory compliance, accurate financial reporting, and beneficiary management. A survey design was utilized to gather data from fiduciary accountants and trust administrators, capturing their experiences and insights. The sample size, derived using Taro Yamane's formula, was 350 from a population of 6,500 fiduciary accountants in Port Harcourt, ensuring representativeness. Port Harcourt was selected for its active trust and estate management sector. The study's reliability coefficient score was 0.87, indicating high reliability. Findings indicate significant challenges in ensuring regulatory compliance and accurate financial reporting, compounded by complex beneficiary management issues. The study recommends enhancing regulatory frameworks and providing specialized training to fiduciary accountants to address these challenges effectively.
ABSTRACT
Comparison of the effects of cimetidine and methyldopa were studied in 5 phases: via phase I, ingestion of paracetamol 1g alone,...
Abstract
This research work studied investment on human capital and its impact on Nigeria economic grow...
Background of the study
Artificial intelligence (AI) has become an integral part of many industr...
THE ROLE OF BUDGETING IN FINANCIAL DECISION-MAKING
This study aims to: (1) investigate the role of budgeting in financial decision-making...
Background to the Study
A lot of similarities exist in the...
EXCERPT FROM THE STUDY
In brief, travelling has become easier and more affordable than it was before. These changes are...
Abstract
In an organisation, secretaries, in addition to the roles enumerated above, attend to administ...
ABSTRACT
This study is a comparative analysis of academic performance of part-time and regular students of business education in federal...
ABSTRACT
This research study examines the Effect of Information Technology on the Efficiency of Tax Administration in Nigeria, a case Stu...
ABSTRACT
This research study centered on the role of guidance and counselling in tertiary institutions across Nigeria. F...