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IMPLICATIONSOF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDSADOPTIONAND FINANCIAL REPORT QUALITYIN LAGOS STATE.

The Poor quality of Financial Report in Nigeria can be attributed to inherent inadequacies present in the Accounting systems. This paperaimed to evaluate the adoption of International Public Sector Accounting Standards (IPSASs) as well as the financial report quality in Lagos State. The paper employed primary source of data,whilethepopulation consisted of all the public sector workers in Lagos State. The sample size was 300 comprising public sector accountants and auditors using stratified random sampling technique. Data were collected with the aid of questionnaires. A total of 291 copies of q…

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