International Public Sector Accounting Standards and Deterrent of Corrupt Practices in the Public Sector of Ogun State Nigeria

IF 3 Q2 BUSINESS, FINANCE

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-13 DOI:10.56201/jafm.v9.no5.2023.pg207.216

Michael Rotimi SANNI

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Abstract

International Public Sector Accounting Standards (IPSAS) are expected to enhance transparency and accountability and deter corrupt practices in public sector. This study investigated the extent to which the implementation of the standards deters corrupt practices in Ogun State, Nigeria. The study adopted survey research design using questionnaire for its primary data obtained from staff in selected Ministries Departments and Agencies (MDAs) in Ogun state, Nigeria. The selected MDAs are: The Federal University of Agriculture, Abeokuta; Federal College of Education, Osiele, Abeokuta; Ogun-Oshun River Basin Development Authority, Abeokuta, and Federal Medical Centre, Abeokuta. Ogun State was chosen because of ease of access and because the state combines the features of an industrial state with those of civil service state. The sample size is 600 accounting staffers and lecturers that cut across the MDAs. Results of regression equation revealed that the standards exert positive and significant effect on deterring corrupt practices with probability values of 0.000. This study observed that the adoption of the standards alone cannot totally curb corruption in Nigeria. Constant staff trainings, political will to bring corrupt officials to book and proper use of discretionary measures in the standards are therefore strongly recommended by this study.

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国际公共部门会计准则和遏制尼日利亚奥贡州公共部门的腐败行为

国际公共部门会计准则(IPSAS)有望提高透明度和问责制，并遏制公共部门的腐败行为。这项研究调查了标准的执行在多大程度上阻止了尼日利亚奥贡州的腐败行为。该研究采用调查研究设计，对其从尼日利亚奥贡州选定部委和机构(MDAs)的工作人员获得的主要数据采用问卷调查。入选的MDAs是:阿贝奥库塔联邦农业大学;联邦教育学院，奥西勒，阿贝奥库塔;阿贝奥库塔奥贡-奥顺河流域发展局和阿贝奥库塔联邦医疗中心。选择奥贡州是因为交通便利，而且该州结合了工业国家和公务员国家的特点。样本规模为600名会计人员和讲师，横跨各个mda。回归方程结果表明，标准对遏制腐败行为具有显著的正向作用，其概率值为0.000。这项研究指出，仅靠采用这些标准并不能完全遏制尼日利亚的腐败。因此，本研究强烈建议对工作人员进行持续培训，有将腐败官员绳之以法的政治意愿，并适当使用标准中的酌情措施。

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来源期刊

Journal of Public Budgeting, Accounting and Financial Management Social Sciences-Public Administration

CiteScore

7.80

自引率

19.40%

发文量

期刊介绍： Published four times a year, the Journal of Public Budgeting, Accounting & Financial Management (JPBAFM) is an international refereed journal which aims at advancement and dissemination of research in the field of public budgeting, accounting, auditing, financial and performance management. The journal is committed to be an outlet for rigorous conceptual and empirical works aimed at challenging and innovating the field of accounting, management and governance in entities operating in the public sphere or public-private sphere (territorial government entities, universities, schools, hospitals as well as state-owned enterprises, hybrid organizations, public and private partnerships, non-profit organizations, NGOs, etc.).