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Impact of International Public Sector Accounting Standards (IPSAS) Adoption on Accountability and Transparency in the Tanzanian Public Sector Organizations

Authors: CPA Paul L. Ulaya; Dr. Nelsen A. Rahul; CPA David D. Kiwia;

Impact of International Public Sector Accounting Standards (IPSAS) Adoption on Accountability and Transparency in the Tanzanian Public Sector Organizations

Abstract

Abstract: The objective of this study was to analyze the effect of international accounting standards on transparency and accountability in Tanzanian public sector organizations. Data was gathered from the ministry of finance of the state of Anambra. The study was conducted using a statistical test tool known as the Wilcoxon. The results of the study revealed that the implementation of international accounting guidelines has significantly increased the level of transparency and accountability within Tanzanian public sector entities. This is expected to improve the country's financial reporting system and provide more meaningful data to decision-makers. Although the study acknowledges that the implementation of the International Public Sector Accounting Standards (IPSAS) has increased the level of transparency in Tanzanian public sector organizations, it also states that this will improve the country's overall financial reporting system. The study also noted that the implementation of international accounting standards has increased the level of accountability in Tanzanian public sector organizations. It recommended that the country's officials adopt effective measures to reduce the level of corruption and improve the country's financial reporting system. The federal government should ensure that the implementation of IPSAS is carried out in order to improve the level of transparency and accountability in Tanzanian public sector organizations. Keywords: International Public Sector Accounting Standards (IPSAS), transparency and accountability, Tanzanian public sector organizations. Title: Impact of International Public Sector Accounting Standards (IPSAS) Adoption on Accountability and Transparency in the Tanzanian Public Sector Organizations Author: CPA Paul L. Ulaya, Dr. Nelsen A. Rahul, CPA David D. Kiwia International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Vol. 11, Issue 1, April 2023 - September 2023 Page No: 1-9 Research Publish Journals Website: www.researchpublish.com Published Date: 05-April-2023 DOI: https://doi.org/10.5281/zenodo.7801872 Paper Download Link (Source) https://www.researchpublish.com/upload/book/Impact%20of%20International%20Public%20Sector-05042023-2.pdf

International Journal of Management and Commerce Innovations, ISSN 2348-7585 (Online), Research Publish Journals, Website: www.researchpublish.com

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transparency and accountability, Tanzanian public sector organizations, https://www.researchpublish.com/papers/impact-of-international-public-sector-accounting-ipsas-adoption-on-accountability-and-transparency-in-the-tanzanian-public-sector-organizations, International Public Sector Accounting Standards (IPSAS)

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
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