Publication: Issues On Public Sector Accounting Reform In Jordan
Loading...
Date
2020
Journal Title
Journal ISSN
Volume Title
Publisher
David Publishing
Abstract
This study reviews recent articles discussing the benefits of International Public Sector Accounting
Standards (IPSAS) implementation in reforming public sector accounting, specifically in developing countries.
These benefits are among others better transparency, accountability, and decision making in public sector
financial transactions. The purpose of this study is to examine the role of IPSAS in addressing some
critical financial issues, including financial aids, budget deficit, taxes, and corruption, which may hinder the
progress of Jordanian public sector and the country’s economic growth. This study concludes that IPSAS has an
effective role in addressing these thorny issues and its implementation would therefore allow the Jordanian public
sector to reach its development goals. The unique contribution of this study is that it enriches the body of
knowledge regarding the benefits of IPSAS implementation in a more holistic manner and in a new context,
Jordan.
Keywords: budget deficit, corruption, financial aids, IPSAS, Jordan, taxes
Description
Journal of Modern Accounting and Auditing, March 2020, Vol. 16, No.3, 130-139
Keywords
budget deficit,, corruption,, financial aids,, IPSAS,, Jordan,, taxes