ACCOUNTING FOR PUBLIC PENSIONS AND RETIREMENT BENEFITS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 5000
ACCOUNTING FOR PUBLIC PENSIONS AND RETIREMENT BENEFITS: This research aims to (i) analyze the current practices in accounting for public pensions and retirement benefits, (ii) evaluate the challenges in managing these accounts, and (iii) propose improvements to enhance financial transparency and sustainability. A survey design is employed to collect data from governmental accountants and financial managers responsible for public pension funds. A sample size of 325 respondents, determined using Taro Yamane's formula, ensures representativeness. The case study focuses on Lagos, selected for its extensive public pension system. The reliability coefficient score of the survey instrument is 0.86. Findings indicate significant challenges in funding and managing pension liabilities, as well as gaps in regulatory compliance. Recommendations include the adoption of more robust actuarial methods and the establishment of independent oversight bodies to ensure transparency and sustainability.
Related Project Materials
AN APPRAISAL OF TAXATION AND ITS LEGAL EFFECTS ON FOREIGN DIRECT INVESTMENT IN NIGERIA
ABSTRACT
Principles of taxation, especially international taxation, are one of the instruments through which Foreign Direct Investment, (...
EFFECTS OF DISCOVERY AND DISCUSSION TEACHING METHODS ON STUDENTS’ PERFORMANCE IN SOCIAL STUDIES IN JUNIOR SECONDARY SCHOOLS
ABSTRACT
The study was carried out to determine the effects of discovery and discussion methods on students’ performance in Social...
The Impact of Business Intelligence Dashboards on Executive Decision-Making: A Study of Corporate Firms in Zamfara State
Background of the Study
Business Intelligence (BI) dashboards have revolutionized executive decision-making by offering...
The Effectiveness of Risk-Based Auditing in Managing Government Resources in Zuru Local Government Area
Background of the Study
Risk-based auditing is an approach that focuses on identifying and assessing the risks associate...
An appraisal of grievance handling mechanisms in Dangote Flour Mills, Kaduna State
Background of the Study
Grievance handling refers to the processes organizations use to address employee complaints or disp...
The relationship between food safety knowledge and disease prevention in Jigawa State
Background of the Study
Food safety knowledge is a critical factor in the prevention of foodborne diseases. In Jigawa Stat...
An Appraisal of the Effects of Risk Management Training on Employee Performance in Nigerian Firms
Background of the Study
In today’s competitive business landscape, risk management has emerged as a crucial component...
An examination of brain lateralization in language tasks among Yoruba–English bilinguals
Background of the Study
Brain lateralization refers to the functional specialization of the cerebral hemispheres, which is critical in la...
An Investigation of the Impact of Flooding on Vector-Borne Diseases in Jigawa State
Background of the Study
Flooding has become a recurrent environmental challenge in Jigawa State, causin...
AN INVESTIGATION INTO THE EFFECT OF SALES PROMOTION ON THE BUYING DECISION OF CONSUMERS (A CASE STUDY OF GLOBACOM NIGERIA LIMITED)
BACKGROUND OF THE STUDY
Following the beginning of the Industrial Revolution, there was an increase in...
