Contact us
 |
[email protected] |
 |
3275638434 |
 |
 |
| Paper Publishing WeChat |
Useful Links
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Article
Issues on Public Sector Accounting Reform in Jordan
Author(s)
Moawiah Awad Alghizzawi, Rosnia Masruki
Full-Text PDF
XML 1330 Views
DOI:10.17265/1548-6583/2020.03.003
Affiliation(s)
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
Cite this paper
References