INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS) ADOPTION AND ACCOUNTABILITY OF MINISTRIES IN OYO STATE

Authors

  • SEGUN WALE OLAYINKA Department of Accountancy, The Polytechnic, Ibadan. Author
  • TUNDE ADEWUMI OPADOTUN Department of Accountancy, Adeseun Ogundoyin Polytechnic, Eruwa. Author

Keywords:

Accountability, IPSAS, Ministries, Public Sector, Public Officers

Abstract

The emergence of International Public Sector Accounting Standards (IPSAS) was critical to the reform expected in the public sector in terms of accountability. Hence, this study examined the influence of IPSAS adoption on accountability of public officers in Oyo State ministries. Primary source of data collection was employed and the analysis was done using descriptive and inferential statistics. A sample of 6 ministries in Oyo State was selected using purposive sampling technique. Data were gathered through questionnaire, which was carefully designed and administered to the members of staff of the selected ministries The results with F-statistic of 1.201 and a p-value of 0.001<0.05 level of significance, revealed that IPSAS implementation will enhance level of accountability among public officers in Oyo State. Based on this finding, the study recommended that all necessary requirements for full implementation and sustenance of IPSASs in the public sector should be made available by the government.

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Published

30-04-2024

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Articles

How to Cite

SEGUN WALE OLAYINKA, & TUNDE ADEWUMI OPADOTUN. (2024). INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS (IPSAS) ADOPTION AND ACCOUNTABILITY OF MINISTRIES IN OYO STATE. Journal of Management Science and Career Development, 4(7). https://ssaapublications.com/sjmscd/article/view/219

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