Browsing by Author "Mathew, Kitty Asama"

Now showing 1 - 1 of 1
  • Thumbnail Image
    ItemOpen Access
    IMPACT OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS ON PERFORMANCE OF MDAs IN NIGERIA
    (Accounting Department, Nasarawa State University, Keffi, 2019-03-03) Mathew, Kitty Asama
    This purpose study evaluated and ascertain the impact of International Public Sector Accounting Standard (IPSAS) on MDAs in Nigeria. The findings of this study showed that implementation of IPSAS will improve the reliability, credibility and integrity of financial reporting in State Government administration in Nigeria. Also, it was observed that implementation of IPSAS based standards can facilitate efficient internal control and result based financial management in the public sector of Nigeria. Equally, it was found that implementation of IPSAS can enhance Federal Government’s goal to significantly deliver services more effectively and efficiently. Accountability is no doubt the hallmark for good governance, if Nigeria is to be a member of the twenty most developed nations of the world by the year 2020, political office holders, citizens and all stakeholders in the Nigerian project should embrace integrity, transparency and accountability in the management of public funds. Furthermore, we concluded that implementation of IPSAS by public sectors in Nigeria will not only impact positively on reliability, credibility and integrity of financial reporting but is expected to pave way for a uniform chart of financial reporting by the three tiers of Government in Nigeria.