Impact Assessment of International Public Accounting Standards (IPSASS) On Public Administration in Africa

International Journal of Research and Innovation in Social Science (IJRISS) | Volume IV, Issue IX, September 2020 | ISSN 2454–6186

Impact Assessment of International Public Accounting Standards (IPSASS) On Public Administration in Africa

 Zivanai Mazhambe
Post Doctoral Research Department, Bright Africa Consultancy Training

Abstract: Formal adoption of the International Public Accounting Standards (IPSASs) by the African Union in year 2013 was strategic, after numerous successive seemingly ineffective public financial management reforms. These public financial management reforms made short term impact on effective public administration in the public sector. This study seeks to assess the impact of IPSASs on public administration in Africa. The methodology adopted for this study was mixed research methodology, through questionnaires and interviews to PAFA public accountants in practice throughout Africa. The study findings revealed that public financial management is the core of the public administration system, with IPSASs playing a very impactful pivotal role. IPSASs in the context of public financial management have proved to be a pivotal with measurable matrices for transparency and accountability which are useful for public administration decision making.

Keywords: IPSASs, Public Administration, Government accounting, IPSAS challenges, PAFA, IPSASs financial reporting

1. INTRODUCTION

The formal adoption of the International Public Accounting Standards (IPSASs) by the African Union in year 2013 was strategic, after numerous successive seemingly ineffective public financial management reforms. These public financial management reforms made short term impact on effective public administration in the public sector. This study seeks to assess the impact of IPSASs on public administration in Africa.

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