International records / OpenAlex research

The adoption of international public sector accounting standards (IPSAS): a comparative study between Nigeria and Malaysia

This study examines the adoption of International Public Sector Accounting Standards (IPSAS) in Nigeria and Malaysia by comparing their historical, socio-political, and economic contexts. Globalization necessitates uniform financial reporting in the public sector, and IPSAS offers a framework to enhance the accountability, transparency, and comparability of financial statements. The study employs secondary data by examining government publications, scholarly literature, and international norms. It identifies the primary reasons for the adoption of IPSAS in both nations, including international…