AN ASSESSMENT OF COMPLIANCE CHALLENGES IN FUND ACCOUNTING STANDARDS
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: AN ASSESSMENT OF COMPLIANCE CHALLENGES IN FUND ACCOUNTING STANDARDS
The primary objectives of this study are to: (1) identify the key compliance challenges faced by fund accountants; (2) assess the impact of regulatory changes on fund accounting practices; and (3) evaluate the effectiveness of current compliance frameworks in mitigating risks. A survey research design was chosen for its ability to collect detailed data from a large sample. Utilizing Taro Yamane's formula, a sample size of 350 fund accountants and compliance officers from Abuja, Nigeria, was determined to be sufficient. The study focuses on a leading investment firm in Abuja to provide real-world context. A reliability coefficient score of 0.88 was achieved, demonstrating the survey instrument's reliability. Findings indicate that frequent regulatory changes and complex reporting requirements are major compliance challenges, which often lead to increased operational risks and costs. Recommendations include the development of more streamlined and consistent regulatory frameworks, increased investment in compliance training and technology, and enhanced collaboration between regulatory bodies and the fund accounting industry to address emerging compliance issues.
Related Project Materials
THE ROLE OF MANAGEMENT ACCOUNTING IN STRATEGIC PLANNING
ABSTRACT:
This study examines the role of management accounting in strategic planning in Lagos State, N...
EMPLOYMENT PROCEDURE AND ITS EFFECT ON GOVERNMENT PARASTATALS
-
- STATEMENT OF THE PROBLEM
Human resource is the soil of any organization....
CIVIL SOCIETY AND ITS IMPACT ON DEMOCRACY IN NIGERIA 2003-2013
Abstract
The role of civil society in democratic consolidation in Nigeria is an indisputable fact of the nation democrat...
THE ROLE OF SOCIAL MEDIA IN RECRUITMENT
THE ROLE OF SOCIAL MEDIA IN RECRUITMENT
The objective of this research is to explore the role of social media in recruitment, specificall...
THE INFLUENCE OF DATA PROTECTION POLICIES ON BUSINESS OPERATIONS
Abstract: THE INFLUENCE OF DATA PROTECTION POLICIES ON BUSINESS OPERATIONS
This study...
A PRAGMATIC STUDY OF SOME SELECTED POLITICAL POSTERS
ABSTRACT
This long essay focuses on the pragmatics study of selected political posters impr...
DOMESTIC_AIRPORT_TERMINAL_BUILDING
BACKGROUND TO THE PROJECT
The airpot terminal is a building at an airport where passengers transfer between ground transportation and the...
THE IMPLICATION OF RITUALISM ON MORAL DEVELOPMENT OF NIGERIAN YOUTHS
Background of the study
Moral education is an issue that is currently being widely discussed as a resul...
THE THREATS TO SUSTAINABLE PEACE IN NIGERIA; THE ROLE OF THE CHURCH
EXCERPT FROM THE STUDY
Since relevance is an important feature of any meaningful phenomenon, event or institution, espec...
DEVELOPMENT AND QUALITY EVALUATION OF MEAT FLOSS FROM BEEF, CHEVON AND PORK
ABSTRACT
Meat Floss (MF) is a meat product traditionally produced from beef. The MF is a shredded meat product that is light, easy to pac...
