THE ROLE OF FIDUCIARY ACCOUNTANTS IN ESTATE ADMINISTRATION
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
THE ROLE OF FIDUCIARY ACCOUNTANTS IN ESTATE ADMINISTRATION
This study aims to (1) explore the responsibilities of fiduciary accountants in estate administration, (2) assess the effectiveness of their practices in ensuring compliance and accuracy, and (3) identify the challenges faced during estate administration. A survey research design was employed to collect detailed insights from fiduciary accountants due to its capacity to gather extensive data from numerous professionals. Using Taro Yamane's formula, a sample size of 120 fiduciary accountants was calculated from an estimated population of 200 in Lagos, ensuring statistical reliability. A leading estate administration firm in Lagos was chosen as the case study to provide specific context and relevance. The survey instrument’s reliability coefficient score was 0.89, indicating high reliability. Findings revealed that fiduciary accountants play a crucial role in managing and settling estates, ensuring legal compliance and financial accuracy. However, they face challenges such as navigating complex legal requirements and dealing with beneficiaries' disputes. The study recommends continuous professional education and the adoption of advanced estate management software to enhance the effectiveness of fiduciary accountants in estate administration.
Related Project Materials
An Assessment of Nurses' Preparedness for Responding to Bioterrorism-Related Health Emergencies in University of Benin Teaching Hospital
Background of the Study
Bioterrorism, the intentional release of biological agents to cause harm to public health, is a...
The Impact of Accounting Information System on Donor Fund Management in Jere Local Government Area
Background of the Study
Donor funds are critical for the execution of development projects in local gov...
An Assessment of Digital Transformation Strategies in Traditional Businesses: A Case Study of Real Estate Firms in Plateau State
Background of the Study
Digital transformation involves the integration of digital technologies into traditional busines...
An appraisal of students’ adaptability to distance learning in secondary schools in Makurdi North LGA, Benue State
Background of the Study
The rapid integration of distance learning into secondary education has necessitated a focus on st...
DEVELOPMENT AND VALIDATION OF PSYCHOMOTOR COMPETENCY-BASED PROGRAMME FOR RETRAINING ARTISANS IN ELECTRICAL INSTALLATION WORKS IN SOUTH EAST NIGERIA
Background to the Study
The 21st Century is best described as the age of science and technology, exploration, experimen...
ISOLATION AND ANTIBIOTIC SUSCEPTIBILITY PATTERN OF ESCHERICHIA COLI ISOLATES FROM STOOLS OF DIARRHOIEC CHILDREN BELOW 5 YEARS IN NIGERIA
ABSTRACT
E. coli has become widespread in distribution and recognised both as harmless commensal and a versatile pathogen. It has emerged...
THE IMPACT OF A GOOD INTERNAL CONTROL SYSTEM ON FINANCIAL MANAGEMENT OF ORGANIZATION
Abstract
An internal control system is the process that can be use to provide reasonable assurance that the units...
COST EVALUATION OF ROAD TRAFFIC ACCIDENT IN NIGERIA USING HUMAN CAPITAL APPROACH
ABSTRACT
Nigeria experiences the highest rate of road traffic accidents resulting in fatalities and various levels of in...
THE EFFECT OF LACK OF QUALIFIED TEACHERS ON SECONDARY SCHOOL STUDENTS PERFORMANCE IN ENGLISH LANGUAGE
ABSTRACT
This research study was designed to examine the effect of lack of qualified teachers on the performances of...
The impact of school sports activities on students' academic discipline in Birnin Kebbi Local Government Area, Kebbi State.
Background of the Study
School sports activities have long been heralded as a catalyst for promoting discipline and enhanc...
