AN ASSESSMENT OF FUND ACCOUNTING FOR ENDOWMENTS AND FOUNDATIONS
- 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 FUND ACCOUNTING FOR ENDOWMENTS AND FOUNDATIONS
The study aims to: (1) analyze the unique accounting requirements of endowments and foundations; (2) assess the impact of accurate fund accounting on financial sustainability and donor confidence; and (3) identify the challenges and best practices in managing endowment funds. A survey research design was chosen to gather data from a wide range of industry professionals. Using Taro Yamane's formula, a sample size of 280 fund accountants and financial managers from Abuja, Nigeria, was determined to be sufficient. The study includes a case study of a prominent foundation in Abuja to illustrate practical challenges and solutions. A reliability coefficient score of 0.87 confirms the reliability of the survey instrument. Findings reveal that precise accounting practices are crucial for maintaining the financial health of endowments and foundations, ensuring compliance with donor restrictions, and enhancing transparency. Recommendations include adopting advanced accounting software to handle the complexities of endowment management, enhancing training programs for fund accountants, and implementing best practices for donor reporting and compliance.
Related Project Materials
INFLUENCE OF INSTAGRAM HANDLE IN PROMOTING FASHION DESIGN (CEO LUMINEE OFFICIAL)
BACKGROUND OF THE STUDY
It's no secret that social media has taken over many aspects of mode...
FACTORS INFLUENCING WOMEN’S CHOICE OF PLACE OF DELIVERY IN ASABA LGA, DELTA STATE
ABSTRACT
Although 92% of women receive antenatal care at least once during pregnancy, a suitable place of delivery assis...
THE SIGNIFICANCE OF EXTERNAL AUDITING IN THE BANKING INDUSTRY (A STUDY OF FIRST BANK OF NIGERIA PLC IN LAGOS)
ABSTRACT
The aim of the study was to examine the significance of external auditing in the banking industry. External Aud...
Design-and-implementation of student attendance monitoring system using fingerprint
ABSTRACT
This project is on the design and development of portable and reliable fingerprint based student attendance mon...
PROBLEMS AND PROSPECTS OF AUDITING IN GOVERNMENT ORGANIZATION
ABSTRACT
The topic of this research is problems and prospects of auditing in government organization, the population of the study was 82...
THE IMPACT OF INTERNET SOFTWARE PACKAGES TO THE MODERN SECRETARY
ABSTRACT
This study is aimed at investigating the impact of the internet software packages to the m...
FINANCIAL REPORTING QUALITY AND FIRM PERFORMANCE
Abstract:
This research explores the relationship between financial reporting quality and firm performa...
DESIGN AND IMPLEMENTATION OF AN ONLINE DRIVING SCHOOL MANAGEMENT SYSTEM (A CASE STUDY OF AA DRIVING SCHOOL, UYO)
ABSTRACT
With the rapid development in technology, there is a need to develop a management system f...
MICROBIAL CONTAMINATION OF YOGHURT
ABSTRACT
Generally, Yoghurt is made from a standardized mixture of milks. It has evolved over the y...
INVESTIGATING THE ROLE OF EARLY CHILDHOOD EDUCATION IN PROMOTING GENDER EQUALITY
ABSTRACT: This study Investigated the Role of Early Childhood Education in Promoting Gender Equality. The ob...
