THE IMPACT OF GOVERNMENTAL ACCOUNTING FOR REVENUE RECOGNITION: This research investigates (i) the current practices in governmental accounting for revenue recognition, (ii) the challenges faced in accurately recognizing revenue, and (iii) propose improvements to enhance revenue recognition processes. A survey design is justified by its ability to gather detailed insights from a broad population of governmental accountants. Using Taro Yamane's formula, a sample size of 330 respondents is determined to ensure statistical validity. The case study focuses on Abuja, selected for its significant role in national revenue collection. The reliability coefficient score of the survey instrument is 0.84. Findings indicate that while existing practices generally ensure accurate revenue recognition, challenges such as complex revenue streams and regulatory changes persist. Recommendations include the adoption of more advanced accounting software and continuous updates to regulatory frameworks to ensure accurate and timely revenue recognition.
BACKGROUND OF THE STUDY
Caritas University, Amorji Nike, Enugu, is a private University approved by the...
Abstract
The study has examined the extent of the marginalization of the African woman in a sexist society which relegat...
ABSTRACT
The study was conducted to determine the influence of World Bank Assisted Fadama II in promoting ruminant production among farme...
ABSTRACT
Textbooks play central role in teaching and learning in schools, particularly, in primary schools. Difficult and poorly written...
ABSTRACT
The study examined the use of financial accounting as a tool for managerial decision making, a Study of Access...
ABSTRACT
This study sought to assess the factors affecting the assessment of writing with particular reference to teachers’ feedbac...
THE INFLUENCE OF BUDGETARY CONTROL ON ORGANIZATIONAL EFFICIENCY
This study aims to: (1) explore the impact of budgetary control systems o...
ACCOUNTING FOR RISK ASSESSMENT AND MITIGATION IN FIDUCIARY SETTINGS
Abstract: Risk assessment and mitigation are essential elements of fi...
BACKGROUND TO THE STUDY
The globe is rapidly becoming a global village, and telecommunication is an ess...
ABSTRACT
The study examined the use of information technology in teaching and learning of home economics at the Universi...