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BENEFITS AND CHALLENGES OF ADOPTION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS IN THE ACCOUNT OF COLLEGE OF EDUCATION IKERE-EKITIBENEFITS AND CHALLENGES OF ADOPTION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS IN THE ACCOUNT OF COLLEGE OF EDUCATION IKERE-EKITI

                                              ABSTRACT

          This study examined the expectations, benefits and challenges of adoption of International public sector Accounting standards (IPSAS) in the accounts of College of Education, Ikere-Ekiti, Ekiti State. The objectives of this study are determing the impact of adoption of IPSAS on the level of accountability and transparency in the public sector of Nigeria and to ascertain the contribution of adoption of IPSAS in enhancing comparability.  Primary source of data was employed to generate the data of interest. The statistical tools employed were the chi-square test. From the findings of study, it was observed that adoption of IPSAS expected to increase the level of accountability and transparency in the accounts of C.O.E Ikere-Ekiti. Also, it was denoted that adoption of IPSAS based standards will provide more meaningful information for decision makers and improve the quality of the financial reporting system in C.O.E Ikere-Ekiti’s account. One of the most researched and least understood variables in public sector accounting is how the accountability and stewardship of financial controls are conducted. Hence, we conclude that the adoption of IPSAS in C.O.E Ikere-Ekiti is expected to impact operating procedures, reporting practices thereby strengthening good governance and relations.

 

How to get complete project materials


Step 1: make payment of N2,000 to the below bank details


NAME:                       TITUS AYANI SOLA
BANK:                       FIRST BANK PLC
ACCT NO:                  3111741042
ACCOUNT TYPE:       SAVINGS
AMOUNT:                  N2000

NAME:                       TITUS AYANI SOLA


BANK:                       GTB BANK
ACCT NO:                  0262412831
ACCOUNT TYPE:       SAVINGS

STEP 2: AFTER PAYMENT SEND THE PROJECT TOPIC AND YOUR EMAIL ADDRESS TO 08063666753

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Updated: 21st June 2017 — 2:31 pm

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