COMPLIANCE AUDITS AND RISK ASSESSMENTS IN FIDUCIARY ACCOUNTING
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
COMPLIANCE AUDITS AND RISK ASSESSMENTS IN FIDUCIARY ACCOUNTING
Abstract: Compliance audits and risk assessments are fundamental components of fiduciary accounting, ensuring adherence to legal standards and mitigating financial risks. This research aims to (1) explore the impact of compliance audits on the overall risk profile of organizations, (2) evaluate the methodologies used by fiduciary accountants in conducting risk assessments, and (3) determine the effectiveness of compliance audits in preventing financial irregularities. A survey research design was employed, appropriate for collecting detailed feedback from a broad range of fiduciary accountants about their practices and experiences. The sample size, calculated using Taro Yamane’s formula, includes 250 fiduciary accountants, ensuring a 95% confidence level and a 5% margin of error. The case study focuses on a prominent financial institution in Abuja, known for its stringent compliance and risk management practices. The reliability coefficient score for the survey was 0.90, suggesting excellent reliability. Findings indicate that regular compliance audits significantly reduce the incidence of financial misconduct and enhance risk management frameworks. The study recommends that financial institutions integrate advanced analytical tools in their compliance audits and encourage a culture of continuous improvement in risk assessment processes.
Related Project Materials
ASSESSMENT OF DEVELOPMENT CHALLENGES IN UNPLANNED SETTLEMENTS OF SULEJA, NIGER STATE NIGERIA
ABSTRACT
Poor urban planning in the face of rapid urbanization and unplanned settlements is regarded as one of the major problems many ur...
COMPUTER BASE NETWORK SECURITY AND FIREWALLS IN BANKING SYSTEM: A CASE STUDY OF DIAMOND BANK NIG PLC OWERRI
INTRODUCTION
The integration of computers with other relevant office equipment is finding growing use...
TRADE UNIONISM AND IT’S IMPACT ON WORKERS WELFARE IN NIGERIA
EXCERPT FROM THE STUDY
The central trade union in the country is the Nigerian Labour Congress (NLC), which was formed in...
HEALTH CARE DELIVERY SYSTEM FOR INMATES OF THE NIGERIA PRISON: A CASE STUDY OF NIGERIAN PRISON SERVICE ADO EKITI
ABSTRACT
This study presents a picture of what the Nigerian prison system and its administration look l...
INFLUENCE OF RECRUITMENT AND SELECTION PROCESS ON ORGANIZATIONAL GROWTH
ABSTRACT
This research examined Influence of Recruitment and Selection Process on Organizational Growth...
TIME SERIES ANALYSIS ON THE RATE OF TYPHOID FEVER CASES IN ABIA STATE FROM 2001-2010
ABSTRACT
This research work is concerned with the time series analysis on the rate of typhoid fever cases in Abia state...
ASSESSMENT OF THE INFLUENCE OF OCCUPATIONAL ROLES AND HOUSEHOLD TASKS ON HOME ECONOMICS FEMALE LECTURERS’ PERFORMANCE IN COLLEGES OF EDUCATION NIGERIA
ABSTRACT
This study assessed the influence of occupational roles and household tasks on Home Economics female lecturers‘ performanc...
EFFECTS OF LECTURE TIME ON ACADEMIC PERFORMANCE OF BUSINESS EDUCATION STUDENTS IN ACCOUNTING IN COLLEGES OF EDUCATION IN NORTH-EAST GEO-POLITICAL ZONE, NIGERIA
ABSTRACT
This research was carried out on the effects of lecture-time on academic performance of business education students in accountin...
ADDRESSING GENDER EQUITY IN TECHNICAL EDUCATION PROGRAMS
ABSTRACT: This study addresses gender equity in technical education programs, aiming to identify barriers, opportunities, and strategies for p...
STATISTICAL ANALYSIS OF ROAD ACCIDENTS (A CASE IN ENUGU STATE FROM 1993 TO 2000)
BACKGROUND OF THE STUDY
In the world today, transportation which is the conveyance of goods and passeng...
