FIDUCIARY ACCOUNTING FOR RETIREMENT PLANS AND PENSIONS
ABSTRACT
This research investigates fiduciary accounting for retirement plans and pensions, focusing on regulatory compliance, accurate benefit calculation, and effective fund management. A survey design was employed to collect data from fiduciary accountants and pension administrators, providing insights into their practices and challenges. The sample size, determined using Taro Yamane's formula, was 370 from a population of 7,500 fiduciary accountants in Abuja, ensuring a reliable sample. Abuja was chosen for its central role in pension administration and regulatory oversight. The study's reliability coefficient score was 0.86, indicating the reliability of the survey instrument. Findings reveal that regulatory compliance and accurate benefit calculation are major challenges, alongside effective fund management. The study recommends enhancing regulatory frameworks and providing specialized training to fiduciary accountants to improve the management of retirement plans and pensions.
ABSTRACT
a cursory glance at the economic conditions of nigeria will reveal that underdevelopment has persisted in spite...
ABSTRACT
The concept of paralegal though not a new one in developed region, it is a novel one within Africa particularly in Nigeria. They...
Abstract
This study is on federalism and nation building: the challenges and prospect. The total population for the stud...
Abstract: THE ROLE OF RECRUITMENT TRAINING FOR HIRING MANAGERS
This study aims to explore the role of recruitment training for hiring man...
Background of the study
The practice of hospitality involves extending a kind greeting to visitors as well as com...
Abstract: This study investigates the impact of adult education on the development of interpersonal skills, examining how various educational...
Abstract: This study explores innovations in teaching methodologies in technical education...
THE ROLE OF GOVERNMENTAL ACCOUNTANTS IN TRANSPARENCY AND ACCOUNTABILITY
Abstract
This research examines the role of governmenta...
Background of the Study
Enterprise-wide IT security policies are essential for safeguarding organizational assets against cyber threats a...
Background of the Study
Islamic finance is a system of financial management and invest...