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
Many social critics have noted the failure of organization to behave in socially responsible ways and to also o...
Statement of the Research Problem
The world population is increasingly becoming urban day by day and this has been causing a lot of conce...
BACKGROUND OF THE STUDY
Nosocomial infection also known as hospi...
Background to the Study
Education is a vehicle which conveys people from unknown to known or from abstract to concrete...
Abstract
This research work was aimed at reviewing the nutritional and pharmacological importance in the common vegetab...
Abstract
Dimensionality reduction provides a compact representation of an original high-dimensional data, which means the reduced data is...
ABSTRACT: This study explores the role of early childhood education in promoting outdoor learning among young children. Outdoor learning exper...
EXCERPT FROM THE STUDY
Probably most of the major environmental problems of the next century will result from the contin...
ABSTRACT
A significant contribution to the development and survival of business organization is the role that auditors p...
Abstract: THE ROLE OF TRAINING AND DEVELOPMENT IN MOTIVATING EMPLOYEES
Objective: This...