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Impact of International Public Sector Accounting Standards on Enhancement of Accountability in Nigeria Public Sector

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  • Kelechi Enyinnaya

    (PZ Cussons Nig. Plc, Aba)

  • Chibunna Onyebuchi Onwubiko

    (Department of Accounting, Faculty of Economics and Management Sciences. Abia State University, Uturu, Nigeria.)

Abstract

The paper examined the impact of International Public Sector Accounting Standards (IPSAS) on enhancement of accountability in the Nigeria public sector. A sample of 164 respondents was selected from the Account Departments of all government ministries in the Nigerian public service. The study used regression analysis to investigate the impact of IPSAS on the enhancement of accountability in the Nigerian public sector. The result shows that IPSAS has a significant positive impact on accountability, transparency, comparability and value relevance. This paper recommends that every government ministry should imbibe the spirit and letters of IPSAS to enable comparability of accounts as can be notice in result of hypotheses two.

Suggested Citation

  • Kelechi Enyinnaya & Chibunna Onyebuchi Onwubiko, 2025. "Impact of International Public Sector Accounting Standards on Enhancement of Accountability in Nigeria Public Sector," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(4), pages 1002-1017, April.
    • Handle: RePEc:bcp:journl:v:9:y:2025:issue-4:p:1002-1017
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    References listed on IDEAS

    as
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    3. Allan Barton, 2009. "The Use and Abuse of Accounting in the Public Sector Financial Management Reform Program in Australia," Abacus, Accounting Foundation, University of Sydney, vol. 45(2), pages 221-248, June.
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    5. Josep L. Cortes, 2006. "The international situation vis-á-vis the adoption of accrual budgeting," Journal of Public Budgeting, Accounting & Financial Management, Emerald Group Publishing Limited, vol. 18(1), pages 1-26, March.
    6. Yeny Andriani & Ralph Kober & Juliana Ng, 2010. "Decision Usefulness of Cash and Accrual Information: Public Sector Managers’ Perceptions," Australian Accounting Review, CPA Australia, vol. 20(2), pages 144-153, June.
    Full references (including those not matched with items on IDEAS)

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