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Research Article | Volume 1 Issue 1 (July-Dec, 2020)
Adoption of International Public Sector Accounting Standards in Curbing Corrupt Practices in Nigerian Public Sector
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 ,
1
Department of Accountancy, Nnamdi Azikiwe University, Awka Nigeria 420007
2
Department of Entrepreneurship, Nnamdi Azikiwe University, Awka Nigeria 420007
3
Department of Accountancy, Nnamdi Azikiwe University, Awka Nigeria 420007
Under a Creative Commons license
Open Access
Published
Oct. 10, 2020
Abstract
This study examined the extent to which adoption of international public sector accounting standards assists in curbing corrupt practices among public officers in Enugu State. This study adopted survey research design. Survey design involves the use of sample to obtain the opinion of a large number of people. The population of the study consists of all the staff of Enugu State ministries of finance, Enugu. A sample size of 96 was obtained from a population of 127 staff of the ministry of finance, Enugu using Taro Yamane’s formula. Data collected for the study were analyzed by the researchers using frequency counts and mean score. The hypothesis was tested using t-test statistical tool with aid of SPSS version 20.0 at 5% level of significance. The study revealed that the adoption of International public sector accounting standards adoption reduces corruption among public officers in the ministry. Based on the result of the study, the researcher recommended that the Nigerian government should provide the requirements for full implementation and sustenance of IPSASs in the public sector if it is sincere and serious about tackling corruption in the country.
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