THE IMPACT OF FUND ACCOUNTING FOR INSURANCE AND REINSURANCE COMPANIES
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: Available
- Recommended for : Student Researchers
- NGN 3000
Abstract: THE IMPACT OF FUND ACCOUNTING FOR INSURANCE AND REINSURANCE COMPANIES
This study aims to: (1) investigate the unique accounting requirements for insurance and reinsurance companies, (2) understand the challenges faced by fund accountants in this sector, and (3) propose improvements for accounting practices in the insurance industry. A survey design was adopted to gather data from 340 fund accountants in Kaduna, using Taro Yamane’s formula to determine the sample size. Kaduna was selected for its significant presence of insurance companies. The survey instrument achieved a reliability coefficient score of 0.86. Findings reveal that insurance and reinsurance accounting require specialized knowledge due to complex regulations and risk management practices. The study recommends the development of specialized training programs for fund accountants in the insurance sector to enhance their expertise and ensure compliance with industry standards.
Related Project Materials
ROLE OF FINANCIAL STATEMENT IN INVESTMENT DECISION MAKING
ABSTRACT
Corporate organizations owe a duty to fully disclose matters concerning their operations so as to aid investors in making invest...
INTEGRATED MARKETING COMMUNICATIONS AND CONSUMERS PATRONAGE OF NIGERIAN BEVERAGE PRODUCTS
ABSTRACT
The need for an organization to properly coordinate its marketing communications strategies to achieve a clear, consistent and c...
THE EFFECTIVENESS OF VIRTUAL REALITY SIMULATIONS IN VOCATIONAL TRAINING
ABSTRACT: This study explores the effectiveness of virtual reality (VR) simulations in voca...
ETHICAL CONSIDERATIONS IN FINANCIAL MANAGEMENT
Abstract: ETHICAL CONSIDERATIONS IN FINANCIAL MANAGEMENT
This research explores ethical considerations in financial management. Objective...
CONSTRUCTION OF METAL SHELF
ABSTRACT
In this construction of metal shelf, mild steel was chosen due to its inher...
PROBLEMS OF MANAGING PUBLIC SECTOR
ABSTRACT
It is a fact that there are some factors that are responsible for the poor performance of publ...
UPWARD CONTINUATION AND SPECTRAL ANALYSIS OF AEROMAGNETIC SIGNATURES OVER KALTUNGO AREA AND SURROUNDING CRETACEOUS SEDIMENTS, NORTHEASTERN NIGERIA
ABSTRACT
The methods of Upward Continuation and Statistical Spectral Depth Analysis were applied on Aeromagnetic data over Kaltungo Area...
EFFECTS OF CULTURE ON TEACHING OF SOCIAL STUDIES IN SECONDARY SCHOOLS
ABSTRACT
This study assessed the effects of culture on teaching of social studies in junior secondary schools which are...
THE ROLE OF LOCAL GOVERNMENT IN NATIONAL DEVELOPMENT (A CASE STUDY OF LOCAL GOVERNMENT COUNCIL IN ANAMBRA STATE)
ABSTRACT
This study was carried out to assess the role of the local government in national development. Specifically, th...
POLITICAL CORRUPTION AND SYMBOLISM IN ADICHIE CHIMAMANDA NGOZI’S HALF OF A YELLOW SUN AND OKEY NDIBE’S ARROWS OF RAIN
ABSTRACT
This project work is on political corruption and symbolism. This project work brings out the corrupt practices by politicians an...
