Impact of International Public Sector Accounting Standard (Ipsas) Adoption on Financial Accountability and Transperency in Nigeria

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dc.creatorToyin, Afolabi, Rukayat
dc.creatorMakinde, Adegbola, Muritala
dc.creatorOladeji, Salami, Ibraheem
dc.creatorHakeem, Oladejo, Abiola
dc.date2023-02-08
dc.date.accessioned2023-08-21T09:04:23Z
dc.date.available2023-08-21T09:04:23Z
dc.descriptionThe current study used a few federal MDAs in Oyo State as case studies to assess the accountability effects of adopting the International Public Sector Accounting Standard (IPSAS) in government establishments. This project's goals are to evaluate how the International Public Sector Accounting Standard (IPSAS) affects public fund transparency in government organizations and how it affects public fund accountability in government organizations. A survey research design was used in this study. Using a basic random selection method, respondents were chosen from the ten (10) federal MDAs in Ibadan, Oyo state. The Federal Road Safety Corps (FRSC) Ibadan, the National Directorate of Employment (NDE), and the Consumer Protection Agency (CPC) are a few of them. There were 110 employees selected, 11 from each of the ten federal (MDA) agencies. The basic data used in this study came from a questionnaire. The data gathered from primary sources was analyzed using the Wilcoxon statistical test tool. According to the study's conclusions, the implementation of international public sector accounting standards has significantly impacted Nigerian government organizations' accountability and openness. This means that the implementation of IPSAS is anticipated to raise the level of accountability and transparency in Nigeria's public sector, as well as to give decision-makers access to more useful information and enhance the country's financial reporting system. However, the study's findings show that IPSAS adoption is anticipated to raise the level of accountability and transparency in Nigeria's public sector, as well as to contribute to the provision of more useful information for decision-makers and to the improvement of the country's financial reporting system.en-US
dc.formatapplication/pdf
dc.identifierhttps://univerpubl.com/index.php/scholastic/article/view/315
dc.identifier.urihttp://dspace.umsida.ac.id/handle/123456789/21821
dc.languageeng
dc.publisherUniver Publishingen-US
dc.relationhttps://univerpubl.com/index.php/scholastic/article/view/315/240
dc.relationhttps://univerpubl.com/index.php/scholastic/article/view/315/252
dc.sourceScholastic: Journal of Natural and Medical Education; Vol. 2 No. 2 (2023): Scholastic: Journal of Natural and Medical Education; 39-49en-US
dc.subjectIPSASen-US
dc.subjectAdoptionen-US
dc.subjectAccountabilityen-US
dc.subjectTransparencyen-US
dc.subjectNigerian Public Sector Organizations and Federal MDAsen-US
dc.titleImpact of International Public Sector Accounting Standard (Ipsas) Adoption on Financial Accountability and Transperency in Nigeriaen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typePeer-reviewed Articleen-US
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