THE IMPACT OF DEMOGRAPHIC CHANGES ON GOVERNMENTAL ACCOUNTING PRACTICES:
- Project Research
- 1-5 Chapters
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- Recommended for : Student Researchers
- NGN 3000
THE IMPACT OF DEMOGRAPHIC CHANGES ON GOVERNMENTAL ACCOUNTING PRACTICES: This research investigates (i) how demographic changes affect governmental accounting practices, (ii) the challenges posed by these changes, and (iii) propose strategies for adapting accounting practices to evolving demographics. A survey design is selected to gather comprehensive data from governmental accountants and demographic experts. The sample size of 330 respondents, derived using Taro Yamane's formula, ensures robust representation. The case study is conducted in Abuja, given its diverse demographic profile. The reliability coefficient score of the survey instrument is 0.84. Findings indicate that demographic changes significantly impact budget allocations and financial reporting requirements, leading to challenges in accurately predicting and managing financial resources. Recommendations include developing adaptive accounting frameworks and providing continuous training for accountants to address demographic shifts effectively.
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