FIDUCIARY ACCOUNTING FOR REAL ESTATE INVESTMENTS
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- 1-5 Chapters
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- Recommended for : Student Researchers
- NGN 3000
FIDUCIARY ACCOUNTING FOR REAL ESTATE INVESTMENTS
This research aims to (1) explore the fiduciary accounting practices for real estate investments, (2) assess the effectiveness of these practices in ensuring financial accuracy, and (3) identify challenges and propose solutions. A survey design was selected to gather extensive data from fiduciary accountants. Using Taro Yamane's formula, a sample size of 125 fiduciary accountants was derived from a population of 200 in Abuja, ensuring a robust data set. A prominent real estate investment firm in Abuja was chosen as the case study for contextual relevance. The reliability coefficient score of the survey was 0.88, confirming the consistency of responses. Findings indicate that fiduciary accounting for real estate investments is critical for financial accuracy and compliance, although challenges such as market volatility and complex regulations persist. The study recommends adopting advanced accounting software and continuous training to enhance the effectiveness of fiduciary accounting for real estate investments.
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